Southern Steel Supply, LLC

$752,924 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
7592887005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$752,924
Current Approval
$752,924
Forgiveness Amount
$757,923
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Steel Supply, LLC
Address
475 N Dunlap St
ZIP Code
38120-2201
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$23.0M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$660,734
Rent
$16,800
Utilities
$24,290
Health Care
$51,100

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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