Sti Electronics Inc.

$900,600 PPP Loan in Madison, Alabama

Loan Details

Loan Number
8591537008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$900,600
Current Approval
$900,600
Forgiveness Amount
$907,605
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sti Electronics Inc.
Address
261 Palmer Rd
State
Alabama
ZIP Code
35758-1727
Business Type
Corporation
Industry (NAICS)
Manufacturing (334412)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$900,600

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

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