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 01/27/2021 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

01/27/2021

SBA Office Code

0459

Processing Method

PPS

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

10/13/2021

Loan Status

Paid in Full

Term

60

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71015.86

Forgiveness Date

09/09/2021

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