PPP Loan information for Southern mechanical and structural, inc.

$155,425

Southern mechanical and structural, inc. was initially approved for PPP Loan of amount $155,425, the current approved amount is $155,425. The loan was approved on 04/13/2020 by The Cadence Bank reported 14 jobs and $155,425 was used to fund payroll.

Southern mechanical and structural, inc. is Existing or more than 2 years old

SOUTHERN MECHANICAL AND STRUCTURAL, INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN MECHANICAL AND STRUCTURAL, INC.

Borrower Address

49 CUTTING EDGE LN

Borrower City

DUNLAP

Borrower State

TN

Borrower Zip

37327

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155425.00

Current Approval Amount

155425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNLAP

Project County Name

SEQUATCHIE

Project State

TN

Project Zip

37327-0001

CD

TN-04

Jobs Reported

14

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155425.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156612.27

Forgiveness Date

01/25/2021

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