Sabel Steel Service, Inc.

$3,079,655 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
8981037006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,079,655
Current Approval
$3,079,655
Forgiveness Amount
$3,119,947
Forgiveness Date
Aug 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sabel Steel Service, Inc.
Address
749 N. Court St
State
Alabama
ZIP Code
36104-2301
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
235
Estimated Revenue
$72.0M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$2,309,742
Utilities
$256,638
Health Care
$256,637
Mortgage Interest
$256,638

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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