Parkes Mechanical & Metals, Inc.

$1,637,700 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
7508567001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,637,700
Current Approval
$1,637,700
Forgiveness Amount
$1,649,027
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Parkes Mechanical & Metals, Inc.
Address
3690 2nd St
State
Alabama
ZIP Code
35661-1276
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$17.6M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$1,228,275
Utilities
$163,770
Mortgage Interest
$245,655

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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