PPP Loan information for Southern loans, inc.

$264,900

Southern loans, inc. was initially approved for PPP Loan of amount $264,900, the current approved amount is $264,900. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 30 jobs and $264,900 was used to fund payroll.

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

SOUTHERN LOANS, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN LOANS, INC.

Borrower Address

112 S PEARL ST

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-5727

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264900.00

Current Approval Amount

264900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-5727

CD

NC-01

Jobs Reported

30

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264900.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;