PPP Loan information for Southern development company llc

$24,642

Southern development company llc was initially approved for PPP Loan of amount $24,642, the current approved amount is $24,642. The loan was approved on 04/14/2020 by The INSOUTH Bank reported 3 jobs and $24,642 was used to fund payroll.

Southern development company llc is Existing or more than 2 years old

SOUTHERN DEVELOPMENT COMPANY LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN DEVELOPMENT COMPANY LLC

Borrower Address

6400 HIGHWAY 51 S

Borrower City

BRIGHTON

Borrower State

TN

Borrower Zip

38011-7051

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24642.00

Current Approval Amount

24642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIGHTON

Project County Name

TIPTON

Project State

TN

Project Zip

38011-7051

CD

TN-08

Jobs Reported

3

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1325.00

Payroll Proceed

23317.00

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

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24791.22

Forgiveness Date

11/19/2020

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