Southern Aluminum Manufacturing Acquisition INC
$1,909,263 PPP Loan in Magnolia, Arkansas
Loan Details
- Loan Number
- 7265587110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,909,263
- Current Approval
- $1,909,263
- Forgiveness Amount
- $1,913,787
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Aluminum Manufacturing Acquisition INC
- Address
- 5 Highway 82 Byp W
- City
- Magnolia
- State
- Arkansas
- ZIP Code
- 71753-8719
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (337127)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 194
- Estimated Revenue
- $50.8M
- Rural/Urban
- Rural
- Congressional District
- AR-04
Loan Use Breakdown
- Payroll
- $1,909,263
Lender Information
- Servicing Lender
- Farmers Bank & Trust Company
- Originating Lender
- Farmers Bank & Trust Company
Other PPP Loans in Magnolia, AR
| Business | Approved | |
|---|---|---|
| Lb Amfuel, LLC | $2,414,478 | |
| Magnolia Regional Medical Center | $2,331,553 | |
| Lb Amfuel LLC | $2,000,000 | |
| Production Services, Inc. | $1,750,000 | |
| Production Services Inc. | $1,744,866 |
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