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Apel Steel Corporation

$1,001,700 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
6003987303
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$1,001,700
Current Approval
$1,001,700
Forgiveness Amount
$1,007,655
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Apel Steel Corporation
Address
2345 2nd Ave NW
City
Cullman
State
Alabama
ZIP Code
35058-0470
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$14.0M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$1,001,700

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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