PPP Loan information for Southern insulation inc.

$1,264,645

Southern insulation inc. was initially approved for PPP Loan of amount $1,264,645, the current approved amount is $1,264,645. The loan was approved on 03/27/2021 by The Forbright Bank reported 83 jobs and $1,264,645 was used to fund payroll.

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

PPP Loan Search / MD / Hyattsville / Southern insulation inc.

SOUTHERN INSULATION INC.

Date Approved

03/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SOUTHERN INSULATION INC.

Borrower Address

5218 Monroe Pl

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20781-1035

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1264645.00

Current Approval Amount

1264645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20781-1035

CD

MD-04

Jobs Reported

83

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1264643.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1276975.29

Forgiveness Date

03/17/2022

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