PPP Loan information for Vance metal products inc

$217,800

Vance metal products inc was initially approved for PPP Loan of amount $217,800, the current approved amount is $217,800. The loan was approved on 04/09/2020 by The ServisFirst Bank reported 24 jobs and $217,800 was used to fund payroll.

Vance metal products inc is Existing or more than 2 years old

PPP Loan Search / AL / BESSEMER / Vance metal products inc

VANCE METAL PRODUCTS INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VANCE METAL PRODUCTS INC

Borrower Address

5751 DUROSE DRIVE

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-3400

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217800.00

Current Approval Amount

217800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-3400

CD

AL-06

Jobs Reported

24

NAICS Code

332119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14300.00

Payroll Proceed

198700.00

Mortgage Interest Proceed

4700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

100

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219457.70

Forgiveness Date

01/13/2021

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