PPP Loan information for Southern classic food group, l

$1,743,000

Southern classic food group, l was initially approved for PPP Loan of amount $1,743,000, the current approved amount is $1,743,000. The loan was approved on 04/13/2020 by The Troy Bank & Trust Company reported 239 jobs and $1,743,000 was used to fund payroll.

Southern classic food group, l is Existing or more than 2 years old

PPP Loan Search / AL / BRUNDIDGE / Southern classic food group, l

SOUTHERN CLASSIC FOOD GROUP, L

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN CLASSIC FOOD GROUP, L

Borrower Address

1000 MAGNOLIA BLVD

Borrower City

BRUNDIDGE

Borrower State

AL

Borrower Zip

36010-0009

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1743000.00

Current Approval Amount

1743000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUNDIDGE

Project County Name

PIKE

Project State

AL

Project Zip

36010-0009

CD

AL-02

Jobs Reported

239

NAICS Code

311999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

253000.00

Payroll Proceed

1395000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

80000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1759140.66

Forgiveness Date

03/18/2021

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