PPP Loan information for Sandmeyer steel company

$2,000,000

Sandmeyer steel company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The Citizens Bank, National Association reported 110 jobs and $2,000,000 was used to fund payroll.

Sandmeyer steel company is Existing or more than 2 years old

SANDMEYER STEEL COMPANY

Date Approved

03/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SANDMEYER STEEL COMPANY

Borrower Address

10001 Sandmeyer Ln

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19116-3501

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19116-3501

CD

PA-02

Jobs Reported

110

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013369.86

Forgiveness Date

12/02/2021

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