PPP Loan information for Southern spear ironworks, llc

$685,305

Southern spear ironworks, llc was initially approved for PPP Loan of amount $685,305, the current approved amount is $685,305. The loan was approved on 01/20/2021 by The CapStar Bank reported 65 jobs and $685,305 was used to fund payroll.

Southern spear ironworks, llc is Existing or more than 2 years old

SOUTHERN SPEAR IRONWORKS, LLC

Date Approved

01/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SOUTHERN SPEAR IRONWORKS, LLC

Borrower Address

55 Workman Rd

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37410-2079

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

685304.82

Current Approval Amount

685304.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chattanooga

Project County Name

HAMILTON

Project State

TN

Project Zip

37410-2079

CD

TN-03

Jobs Reported

65

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

685298.82

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

Limited Liability Company(LLC)

Originating Lender Location Id

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

690254.24

Forgiveness Date

10/18/2021

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