PPP Loan information for Sossoman funeral home inc

$166,207

Sossoman funeral home inc was initially approved for PPP Loan of amount $166,207, the current approved amount is $166,207. The loan was approved on 04/15/2020 by The First Horizon Bank reported 22 jobs and $166,207 was used to fund payroll.

Sossoman funeral home inc is Existing or more than 2 years old

PPP Loan Search / NC / MORGANTON / Sossoman funeral home inc

SOSSOMAN FUNERAL HOME INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOSSOMAN FUNERAL HOME INC

Borrower Address

1011 S STERLING ST

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655-3937

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166207.00

Current Approval Amount

166207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-3937

CD

NC-10

Jobs Reported

22

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19869.00

Payroll Proceed

128838.00

Mortgage Interest Proceed

17500.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167725.95

Forgiveness Date

03/23/2021

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