PPP Loan information for Southern botanical, inc.

$3,734,500

Southern botanical, inc. was initially approved for PPP Loan of amount $3,734,500, the current approved amount is $3,734,500. The loan was approved on 04/03/2020 by The Texas Security Bank reported 235 jobs and $3,734,500 was used to fund payroll.

Southern botanical, inc. is Existing or more than 2 years old

SOUTHERN BOTANICAL, INC.

Date Approved

04/03/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOUTHERN BOTANICAL, INC.

Borrower Address

3151 HALIFAX ST #100

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75247-6013

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3734500.00

Current Approval Amount

3734500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455610

Servicing Lender Name

Texas Security Bank

Servicing Lender Address

1212 Turtle Creek Blvd

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75207-6614

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75247-6013

CD

TX-30

Jobs Reported

235

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38636.00

Payroll Proceed

3225716.00

Mortgage Interest Proceed

77739.00

Rent Proceed

52083.00

Refinance EIDL Proceed

0.00

Health Care Proceed

261809.00

Debt Interest Proceed

78517

Business Type

Corporation

Originating Lender Location Id

455610

Originating Lender

Texas Security Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3778795.32

Forgiveness Date

06/11/2021

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