Thornton Iron & Metal, INC

$619,453 PPP Loan in Rogersville, Alabama

Loan Details

Loan Number
8843667009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$619,453
Current Approval
$619,453
Forgiveness Amount
$624,804
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thornton Iron & Metal, INC
Address
750 County Road 76
State
Alabama
ZIP Code
35652-2211
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$605,796
Utilities
$13,657

Lender Information

Servicing Lender
Cb&s Bank
Originating Lender
Cb&s Bank

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