PPP Loan information for New south developers, inc.

$10,300

New south developers, inc. was initially approved for PPP Loan of amount $10,300, the current approved amount is $10,300. The loan was approved on 04/30/2020 by The Truist Bank reported 2 jobs and $10,300 was used to fund payroll.

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

NEW SOUTH DEVELOPERS, INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEW SOUTH DEVELOPERS, INC.

Borrower Address

500 Southland Drive Suite 212

Borrower City

Hoover

Borrower State

AL

Borrower Zip

35226

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10300.00

Current Approval Amount

10300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoover

Project County Name

JEFFERSON

Project State

AL

Project Zip

35226-0800

CD

AL-06

Jobs Reported

2

NAICS Code

531311

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10399.85

Forgiveness Date

04/22/2021

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