PPP Loan information for Southern spear ironworks, llc

$606,608

Southern spear ironworks, llc was initially approved for PPP Loan of amount $606,608, the current approved amount is $606,608. The loan was approved on 04/14/2020 by The CapStar Bank reported 74 jobs and $606,608 was used to fund payroll.

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

PPP Loan Search / TN / Chattanooga / Southern spear ironworks, llc

SOUTHERN SPEAR IRONWORKS, LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN SPEAR IRONWORKS, LLC

Borrower Address

55 Workman Road

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37410-2079

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

606608.00

Current Approval Amount

606608.00

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

74

NAICS Code

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6512.00

Payroll Proceed

552984.00

Mortgage Interest Proceed

0.00

Rent Proceed

17904.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17208.00

Debt Interest Proceed

12000

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

599955.63

Forgiveness Date

11/23/2020

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