PPP Loan information for Southern precision inc

$524,904

Southern precision inc was initially approved for PPP Loan of amount $524,904, the current approved amount is $524,904. The loan was approved on 01/27/2021 by The Hancock Whitney Bank reported 40 jobs and $524,904 was used to fund payroll.

Southern precision inc is Existing or more than 2 years old

SOUTHERN PRECISION INC

Date Approved

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN PRECISION INC

Borrower Address

101 Pintail St

Borrower City

Saint Rose

Borrower State

LA

Borrower Zip

70087-4025

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524903.75

Current Approval Amount

524903.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Rose

Project County Name

SAINT CHARLES

Project State

LA

Project Zip

70087-4025

CD

LA-06

Jobs Reported

40

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

524898.75

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

526886.72

Forgiveness Date

06/15/2021

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