PPP Loan information for Southern gear company inc.

$57,500

Southern gear company inc. was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 05/01/2020 by The Regions Bank reported 5 jobs and $57,500 was used to fund payroll.

Southern gear company inc. is Existing or more than 2 years old

SOUTHERN GEAR COMPANY INC.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN GEAR COMPANY INC.

Borrower Address

4369 West Atlanta Road SE,

Borrower City

Smyrna

Borrower State

GA

Borrower Zip

30080

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

COBB

Project State

GA

Project Zip

30080-0001

CD

GA-11

Jobs Reported

5

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58041.92

Forgiveness Date

04/19/2021

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