PPP Loan information for Southern market group, inc

$490,600

Southern market group, inc was initially approved for PPP Loan of amount $490,600, the current approved amount is $490,600. The loan was approved on 04/04/2020 by The First National Bank and Trust Company of Ardmore reported 62 jobs and $490,600 was used to fund payroll.

Southern market group, inc is Existing or more than 2 years old

PPP Loan Search / OK / ARDMORE / Southern market group, inc

SOUTHERN MARKET GROUP, INC

Date Approved

04/04/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOUTHERN MARKET GROUP, INC

Borrower Address

9915 State HWY 53

Borrower City

ARDMORE

Borrower State

OK

Borrower Zip

73401

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490600.00

Current Approval Amount

490600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58745

Servicing Lender Name

First National Bank and Trust Company of Ardmore

Servicing Lender Address

405 W Main St

Servicing Lender City

ARDMORE

Servicing Lender State

OK

Servicing Lender Zip

73401-4737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARDMORE

Project County Name

CARTER

Project State

OK

Project Zip

73401-0001

CD

OK-04

Jobs Reported

62

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

49060.00

Payroll Proceed

441540.00

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

58745

Originating Lender

First National Bank and Trust Company of Ardmore

Originating Lender City

ARDMORE

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494511.36

Forgiveness Date

01/26/2021

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