PPP Loan information for Southern corrosion, inc.

$433,626

Southern corrosion, inc. was initially approved for PPP Loan of amount $433,626, the current approved amount is $433,626. The loan was approved on 04/10/2020 by The Touchstone Bank reported 38 jobs and $433,626 was used to fund payroll.

Southern corrosion, inc. is Existing or more than 2 years old

SOUTHERN CORROSION, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN CORROSION, INC.

Borrower Address

738 Thelma Road

Borrower City

ROANOKE RAPIDS

Borrower State

NC

Borrower Zip

27870-8882

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433626.00

Current Approval Amount

433626.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73534

Servicing Lender Name

Touchstone Bank

Servicing Lender Address

4300 Crossings Blvd

Servicing Lender City

PRINCE GEORGE

Servicing Lender State

VA

Servicing Lender Zip

23875-1452

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE RAPIDS

Project County Name

HALIFAX

Project State

NC

Project Zip

27870-8882

CD

NC-01

Jobs Reported

38

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433626.00

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

Subchapter S Corporation

Originating Lender Location Id

73534

Originating Lender

Touchstone Bank

Originating Lender City

PRINCE GEORGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436071.17

Forgiveness Date

11/05/2020

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