Southern Alloy Corporation

$686,000 PPP Loan in Sylacauga, Alabama

Loan Details

Loan Number
8820657003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$686,000
Current Approval
$686,000
Forgiveness Amount
$689,830
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Alloy Corporation
Address
36280 U.s. 280
State
Alabama
ZIP Code
35150-7430
Business Type
Corporation
Industry (NAICS)
Manufacturing (331529)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$22.5M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$686,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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