PPP Loan information for Southern research institute

$7,726,700

Southern research institute was initially approved for PPP Loan of amount $7,726,600, the current approved amount is $7,726,700. The loan was approved on 04/09/2020 by The Regions Bank reported 424 jobs and $7,726,700 was used to fund payroll.

Southern research institute is Existing or more than 2 years old

SOUTHERN RESEARCH INSTITUTE

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN RESEARCH INSTITUTE

Borrower Address

2000 9TH AVE

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35205-2708

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7726600.00

Current Approval Amount

7726700.00

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

Y

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

35205-2708

CD

AL-07

Jobs Reported

424

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7726700.00

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

0.00

Forgiveness Date

;