PPP Loan information for Southern medical association

$118,500

Southern medical association was initially approved for PPP Loan of amount $47,400, the current approved amount is $118,500. The loan was approved on 04/13/2020 by The Regions Bank reported 8 jobs and $118,500 was used to fund payroll.

Southern medical association is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / Southern medical association

SOUTHERN MEDICAL ASSOCIATION

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN MEDICAL ASSOCIATION

Borrower Address

3500 Blue Lake Drive

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35243-1900

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47400.00

Current Approval Amount

118500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-1900

CD

AL-06

Jobs Reported

8

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118500.00

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

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

119772.66

Forgiveness Date

06/04/2021

;