PPP Loan information for Summit metals of alabama, inc.

$70,600

Summit metals of alabama, inc. was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 04/15/2020 by The Regions Bank reported 6 jobs and $70,600 was used to fund payroll.

Summit metals of alabama, inc. is Existing or more than 2 years old

SUMMIT METALS OF ALABAMA, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUMMIT METALS OF ALABAMA, INC.

Borrower Address

5145 Trace Crossings Dr,

Borrower City

Hoover

Borrower State

AL

Borrower Zip

35244-3955

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoover

Project County Name

JEFFERSON

Project State

AL

Project Zip

35244-3955

CD

AL-06

Jobs Reported

6

NAICS Code

423510

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70600.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71002.32

Forgiveness Date

11/17/2020

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