PPP Loan information for Southern furniture inc.

$42,500

Southern furniture inc. was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/05/2020 by The Magnolia State Bank reported 6 jobs and $42,500 was used to fund payroll.

Southern furniture inc. is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Southern furniture inc.

SOUTHERN FURNITURE INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN FURNITURE INC.

Borrower Address

2909 Wheeler Drive

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-1335

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-1335

CD

MS-04

Jobs Reported

6

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42780.97

Forgiveness Date

12/10/2020

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