Alabama Plate Cutting Co, INC

$919,870 PPP Loan in Saginaw, Alabama

Loan Details

Loan Number
8562687008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$919,870
Current Approval
$874,232
Forgiveness Amount
$880,765
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alabama Plate Cutting Co, INC
Address
1701 Highway 31 S
State
Alabama
ZIP Code
35137-0128
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$22.5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$752,354
Rent
$84,460
Utilities
$37,418

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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