Southern Metals Recycling, Inc.

$397,100 PPP Loan in Wilmington, North Carolina

Loan Details

Loan Number
8971027010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$397,100
Current Approval
$312,124
Forgiveness Amount
$315,375
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Metals Recycling, Inc.
Address
13 Wright St
ZIP Code
28401-5642
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
New Business or 2 years or less
Jobs Reported
38
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
NC-07

Loan Use Breakdown

Payroll
$312,124

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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