PPP Loan information for Southern heat exchanger corporation

$2,000,000

Southern heat exchanger corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The SmartBank reported 164 jobs and $2,000,000 was used to fund payroll.

Southern heat exchanger corporation is Existing or more than 2 years old

SOUTHERN HEAT EXCHANGER CORPORATION

Date Approved

02/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN HEAT EXCHANGER CORPORATION

Borrower Address

6100 Old Montgomery Hwy

Borrower City

Tuscaloosa

Borrower State

AL

Borrower Zip

35405-4224

Loan Status Date

10/16/2021

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

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tuscaloosa

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35405-4224

CD

AL-07

Jobs Reported

164

NAICS Code

332410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2011833.33

Forgiveness Date

09/20/2021

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