PPP Loan information for New south associates, inc.

$1,571,250

New south associates, inc. was initially approved for PPP Loan of amount $1,571,250, the current approved amount is $1,571,250. The loan was approved on 04/13/2020 by The Synovus Bank reported 105 jobs and $1,571,250 was used to fund payroll.

New south associates, inc. is Existing or more than 2 years old

PPP Loan Search / GA / STONE MOUNTAIN / New south associates, inc.

NEW SOUTH ASSOCIATES, INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEW SOUTH ASSOCIATES, INC.

Borrower Address

6150 East Ponce De Leon Ave

Borrower City

STONE MOUNTAIN

Borrower State

GA

Borrower Zip

30083-2253

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1571250.00

Current Approval Amount

1571250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STONE MOUNTAIN

Project County Name

DEKALB

Project State

GA

Project Zip

30083-2253

CD

GA-04

Jobs Reported

105

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1571250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1586876.40

Forgiveness Date

04/15/2021

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