Steel City Recycling LLC

$734,000 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
5225627007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$734,000
Current Approval
$734,000
Forgiveness Amount
$740,606
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Steel City Recycling LLC
Address
2020 Vanderbilt Road
State
Alabama
ZIP Code
35234-1519
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$588,000
Rent
$40,000
Utilities
$5,000
Debt Interest
$101,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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