South Central Steel Inc.

$206,700 PPP Loan in Harpersville, Alabama

Loan Details

Loan Number
5833377008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$206,700
Current Approval
$206,700
Forgiveness Amount
$208,308
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Central Steel Inc.
Address
3504 Highway 280
State
Alabama
ZIP Code
35078-6761
Business Type
Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$155,025
Rent
$10,335
Utilities
$10,335
Health Care
$10,335
Mortgage Interest
$10,335
Debt Interest
$10,335

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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