Fabarc Steel Supply INC

$2,000,000 PPP Loan in Oxford, Alabama

Loan Details

Loan Number
5422208310
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,333
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Fabarc Steel Supply INC
Address
111 Meadow Ln
City
Oxford
State
Alabama
ZIP Code
36203-2644
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
255
Estimated Revenue
$62.3M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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