Y-Tec Kelex Toyotetsu Alabama, INC

$883,000 PPP Loan in Huntsville, Alabama

Loan Details

Loan Number
6049587307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$883,000
Current Approval
$883,000
Forgiveness Amount
$892,100
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Y-Tec Kelex Toyotetsu Alabama, INC
Address
5000 Bradford Dr NW Ste B Bldg 3
State
Alabama
ZIP Code
35805-1937
Business Type
Corporation
Industry (NAICS)
Manufacturing (336111)
Business Age
New Business or 2 years or less
Jobs Reported
68
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$843,000
Utilities
$15,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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