PPP Loan information for Southern business systems, inc.

$70,700

Southern business systems, inc. was initially approved for PPP Loan of amount $70,700, the current approved amount is $70,700. The loan was approved on 04/28/2020 by The MidSouth Bank reported 6 jobs and $70,700 was used to fund payroll.

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

PPP Loan Search / AL / DOTHAN / Southern business systems, inc.

SOUTHERN BUSINESS SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN BUSINESS SYSTEMS, INC.

Borrower Address

1458 Hartford Highway

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36301-3302

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70700.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27

Servicing Lender Name

MidSouth Bank

Servicing Lender Address

2526 W Main St

Servicing Lender City

DOTHAN

Servicing Lender State

AL

Servicing Lender Zip

36301-1226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36301-3302

CD

AL-02

Jobs Reported

6

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70700.00

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

Subchapter S Corporation

Originating Lender Location Id

27

Originating Lender

MidSouth Bank

Originating Lender City

DOTHAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71481.63

Forgiveness Date

06/02/2021

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