PPP Loan information for Southern energy management, inc.

$826,700

Southern energy management, inc. was initially approved for PPP Loan of amount $826,700, the current approved amount is $826,700. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 90 jobs and $826,700 was used to fund payroll.

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

SOUTHERN ENERGY MANAGEMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN ENERGY MANAGEMENT, INC.

Borrower Address

5908 TRIANGLE DR

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27617-4741

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

826700.00

Current Approval Amount

826700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27617-4741

CD

NC-02

Jobs Reported

90

NAICS Code

221114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

826700.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

835329.39

Forgiveness Date

05/10/2021

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