PPP Loan information for Southern associated sales company inc

$69,840

Southern associated sales company inc was initially approved for PPP Loan of amount $69,840, the current approved amount is $69,840. The loan was approved on 03/18/2021 by The Regions Bank reported 5 jobs and $69,840 was used to fund payroll.

Southern associated sales company inc is Existing or more than 2 years old

SOUTHERN ASSOCIATED SALES COMPANY INC

Date Approved

03/18/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN ASSOCIATED SALES COMPANY INC

Borrower Address

935 Industry Rd

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70062-6848

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69840.00

Current Approval Amount

69840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-6848

CD

LA-02

Jobs Reported

5

NAICS Code

423840

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69839.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70282.00

Forgiveness Date

11/10/2021

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