Southern Heat Exchanger Corporation

$2,000,000 PPP Loan in Tuscaloosa, Alabama

Loan Details

Loan Number
7493708401
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,011,833
Forgiveness Date
Sep 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Southern Heat Exchanger Corporation
Address
6100 Old Montgomery Hwy
State
Alabama
ZIP Code
35405-4224
Business Type
Corporation
Industry (NAICS)
Manufacturing (332410)
Business Age
Existing or more than 2 years old
Jobs Reported
164
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Smartbank
Originating Lender
Smartbank

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