Southeast Materials Corporation

$38,700 PPP Loan in Vestavia, Alabama

Loan Details

Loan Number
7331837003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$38,700
Current Approval
$38,700
Forgiveness Amount
$38,953
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southeast Materials Corporation
Address
3500 Blue Lake Dr Suite 155
State
Alabama
ZIP Code
35243-1900
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$29,025
Rent
$1,935
Utilities
$1,935
Health Care
$1,935
Mortgage Interest
$1,935
Debt Interest
$1,935

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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