PPP Loan information for Southern mechanical systems inc

$196,348

Southern mechanical systems inc was initially approved for PPP Loan of amount $196,348, the current approved amount is $196,348. The loan was approved on 03/18/2021 by The Centennial Bank reported 13 jobs and $196,348 was used to fund payroll.

Southern mechanical systems inc is Existing or more than 2 years old

SOUTHERN MECHANICAL SYSTEMS INC

Date Approved

03/18/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

SOUTHERN MECHANICAL SYSTEMS INC

Borrower Address

15491 SW 12th St Ste 409

Borrower City

Sunrise

Borrower State

FL

Borrower Zip

33326-1994

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196347.50

Current Approval Amount

196347.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sunrise

Project County Name

BROWARD

Project State

FL

Project Zip

33326-1994

CD

FL-20

Jobs Reported

13

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

196345.50

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197886.00

Forgiveness Date

01/11/2022

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