PPP Loan information for Southern communications corp

$117,440

Southern communications corp was initially approved for PPP Loan of amount $117,440, the current approved amount is $117,440. The loan was approved on 01/27/2021 by The Summit Community Bank, Inc. reported 15 jobs and $117,440 was used to fund payroll.

Southern communications corp is Existing or more than 2 years old

SOUTHERN COMMUNICATIONS CORP

Date Approved

01/27/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SOUTHERN COMMUNICATIONS CORP

Borrower Address

306 S Kanawha St

Borrower City

Beckley

Borrower State

WV

Borrower Zip

25801-5619

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117440.00

Current Approval Amount

117440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beckley

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-5619

CD

WV-01

Jobs Reported

15

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

117438.00

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

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117942.38

Forgiveness Date

07/06/2021

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