PPP Loan information for South atlantic services, inc.

$3,139,500

South atlantic services, inc. was initially approved for PPP Loan of amount $3,139,500, the current approved amount is $3,139,500. The loan was approved on 04/09/2020 by The Truist Bank reported 284 jobs and $3,139,500 was used to fund payroll.

South atlantic services, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WILMINGTON / South atlantic services, inc.

SOUTH ATLANTIC SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTH ATLANTIC SERVICES, INC.

Borrower Address

3527 US Hwy 421 N.

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28401

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3139500.00

Current Approval Amount

3139500.00

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

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28401-0001

CD

NC-07

Jobs Reported

284

NAICS Code

325180

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3139500.00

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

3175778.67

Forgiveness Date

06/11/2021

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