PPP Loan information for Southern mutual help association inc.

$93,940

Southern mutual help association inc. was initially approved for PPP Loan of amount $93,940, the current approved amount is $93,940. The loan was approved on 02/09/2021 by The Hope Enterprise Corporation reported 6 jobs and $93,940 was used to fund payroll.

Southern mutual help association inc. is Existing or more than 2 years old

SOUTHERN MUTUAL HELP ASSOCIATION INC.

Date Approved

02/09/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN MUTUAL HELP ASSOCIATION INC.

Borrower Address

3602 Old Jeanerette Rd

Borrower City

New Iberia

Borrower State

LA

Borrower Zip

70563-3131

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93940.00

Current Approval Amount

93940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Iberia

Project County Name

IBERIA

Project State

LA

Project Zip

70563-3131

CD

LA-03

Jobs Reported

6

NAICS Code

624230

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93940.00

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

487365

Originating Lender

Hope Enterprise Corporation

Originating Lender City

Jackson

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94527.13

Forgiveness Date

10/06/2021

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