PPP Loan information for Southern management corporation

$2,000,000

Southern management corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/01/2021 by The EagleBank reported 111 jobs and $2,000,000 was used to fund payroll.

Southern management corporation is Existing or more than 2 years old

PPP Loan Search / VA / Vienna / Southern management corporation

SOUTHERN MANAGEMENT CORPORATION

Date Approved

04/01/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SOUTHERN MANAGEMENT CORPORATION

Borrower Address

1950 Old Gallows Rd Ste 600

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22182-3970

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-3970

CD

VA-11

Jobs Reported

111

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2031111.11

Forgiveness Date

10/24/2022

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