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
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

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