PPP Loan information for Southern carton company

$591,376

Southern carton company was initially approved for PPP Loan of amount $591,376, the current approved amount is $591,376. The loan was approved on 04/13/2020 by The Peoples Bank reported 50 jobs and $591,376 was used to fund payroll.

Southern carton company is Existing or more than 2 years old

SOUTHERN CARTON COMPANY

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN CARTON COMPANY

Borrower Address

1340 HIGGS RD

Borrower City

LEWISBURG

Borrower State

TN

Borrower Zip

37091-4411

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591376.07

Current Approval Amount

591376.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISBURG

Project County Name

MARSHALL

Project State

TN

Project Zip

37091-4411

CD

TN-04

Jobs Reported

50

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18223.11

Payroll Proceed

474899.68

Mortgage Interest Proceed

0.00

Rent Proceed

63000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35253.28

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594632.69

Forgiveness Date

11/03/2020

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