Southern Parallel Forest Products Corporation
$1,706,800 PPP Loan in Albertville, Alabama
Loan Details
- Loan Number
- 4742047003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,706,800
- Current Approval
- $1,706,800
- Forgiveness Amount
- $1,723,584
- Forgiveness Date
- Mar 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Parallel Forest Products Corporation
- Address
- 660 Industrial Blvd
- City
- Albertville
- State
- Alabama
- ZIP Code
- 35950-8729
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (321113)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 145
- Estimated Revenue
- $143.8M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $1,683,700
- Utilities
- $10,000
- Health Care
- $13,100
Lender Information
- Servicing Lender
- Peoples Independent Bank
- Originating Lender
- Peoples Independent Bank
Other PPP Loans in Albertville, AL
| Business | Approved | |
|---|---|---|
| Colormasters, LLC | $3,000,000 |  Research |
| Emmaus Foods LLC | $1,602,958 | Research |
| Custom Cut Solutions LLC | $1,328,350 | Research |
| Albertville Healthcare Center Inc. | $1,297,700 | Research |
| Colormasters, INC | $1,169,300 | Research |
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