Steward Machine Co., Inc.

$2,339,800 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
6242887000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,339,800
Current Approval
$2,339,800
Forgiveness Amount
$2,287,881
Forgiveness Date
Jan 19, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Steward Machine Co., Inc.
Address
3911 13th Ave N
State
Alabama
ZIP Code
35234-1434
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
183
Estimated Revenue
$44.7M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$1,754,850
Rent
$116,990
Utilities
$116,990
Health Care
$116,990
Mortgage Interest
$116,990
Debt Interest
$116,990

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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