PPP Loan information for Southern business supply of merdian inc

$29,980

Southern business supply of merdian inc was initially approved for PPP Loan of amount $29,980, the current approved amount is $29,980. The loan was approved on 04/07/2020 by The The Commercial Bank reported 6 jobs and $29,980 was used to fund payroll.

Southern business supply of merdian inc is Existing or more than 2 years old

SOUTHERN BUSINESS SUPPLY OF MERDIAN INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN BUSINESS SUPPLY OF MERDIAN INC

Borrower Address

5685 Dale DR

Borrower City

MARION

Borrower State

MS

Borrower Zip

39342-9609

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29980.00

Current Approval Amount

29980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39197

Servicing Lender Name

The Commercial Bank

Servicing Lender Address

175 Hopper St

Servicing Lender City

DE KALB

Servicing Lender State

MS

Servicing Lender Zip

39328-9808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39342-9609

CD

MS-03

Jobs Reported

6

NAICS Code

453210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29980.00

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

39197

Originating Lender

The Commercial Bank

Originating Lender City

DE KALB

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30218.20

Forgiveness Date

02/01/2021

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