PPP Loan information for Southern clearing, llc

$355,579

Southern clearing, llc was initially approved for PPP Loan of amount $355,579, the current approved amount is $355,579. The loan was approved on 04/27/2020 by The Sweet Water State Bank reported 79 jobs and $355,579 was used to fund payroll.

Southern clearing, llc is Existing or more than 2 years old

PPP Loan Search / AL / BUTLER / Southern clearing, llc

SOUTHERN CLEARING, LLC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN CLEARING, LLC

Borrower Address

2129 TIMBERLANE RD

Borrower City

BUTLER

Borrower State

AL

Borrower Zip

36904-0425

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355578.60

Current Approval Amount

355578.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3296

Servicing Lender Name

Sweet Water State Bank

Servicing Lender Address

31385 Alabama Hwy 10

Servicing Lender City

SWEET WATER

Servicing Lender State

AL

Servicing Lender Zip

36782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUTLER

Project County Name

CHOCTAW

Project State

AL

Project Zip

36904-0425

CD

AL-07

Jobs Reported

79

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

355578.60

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

3296

Originating Lender

Sweet Water State Bank

Originating Lender City

SWEET WATER

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357415.76

Forgiveness Date

11/03/2020

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