As part of the Paycheck Protection Program APEL STEEL CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

APEL STEEL CORPORATION


Loan Amount	$1,001,700
BusinessName	APEL STEEL CORPORATION
Address	2345 2nd Ave NW
City	CULLMAN
State	AL
Zip	35058
NAICSCode	339999
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	50
DateApproved	04/30/2020
Lender	Regions Bank
CD	AL-04
BusinessName.clean	APEL STEEL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MWB MS GRILL
APEL LANDSCAPE SERVICES
MWGH
MWH
MWI