Corrosion Technology Inc.

$425,000 PPP Loan in Bay Minette, Alabama

Loan Details

Loan Number
9944918208
Date Approved
Jan 14, 2021
Loan Status
Paid in Full
Initial Approval
$425,000
Current Approval
$425,000
Forgiveness Amount
$427,680
Forgiveness Date
Aug 31, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Corrosion Technology Inc.
Address
10955 County Road 138
State
Alabama
ZIP Code
36507-7121
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$25.8M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$424,997
Utilities
$1

Lender Information

Servicing Lender
First National Bank and Trust
Originating Lender
First National Bank and Trust

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