E & H Steel Corporation

$635,000 PPP Loan in Midland City, Alabama

Loan Details

Loan Number
7937837008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$635,000
Current Approval
$635,000
Forgiveness Amount
$639,727
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
E & H Steel Corporation
Address
3635 E. Hwy 134
State
Alabama
ZIP Code
36350-0000
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$16.6M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$481,000
Rent
$114,000
Utilities
$21,000
Debt Interest
$19,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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