PPP Loan information for Southern coffee company

$791,800

Southern coffee company was initially approved for PPP Loan of amount $791,800, the current approved amount is $791,800. The loan was approved on 04/10/2020 by The Truist Bank reported 165 jobs and $791,800 was used to fund payroll.

Southern coffee company is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Southern coffee company

SOUTHERN COFFEE COMPANY

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN COFFEE COMPANY

Borrower Address

730 1st Ave

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35203-3006

Loan Status Date

01/21/2022

Loan Status

Charged Off

Term

32

SBA Guaranty Percentage

100

Initial Approval Amount

791800.00

Current Approval Amount

791800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35203-3006

CD

AL-07

Jobs Reported

165

NAICS Code

311920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

791800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

549482.81

Forgiveness Date

12/08/2021

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