PPP Loan information for Southern spas llc

$323,300

Southern spas llc was initially approved for PPP Loan of amount $323,300, the current approved amount is $323,300. The loan was approved on 02/27/2021 by The Beacon Community Bank reported 46 jobs and $323,300 was used to fund payroll.

Southern spas llc is Existing or more than 2 years old

SOUTHERN SPAS LLC

Date Approved

02/27/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SOUTHERN SPAS LLC

Borrower Address

725 Johnnie Dodds Blvd

Borrower City

Mount Pleasant

Borrower State

SC

Borrower Zip

29464-3021

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

323300.00

Current Approval Amount

323300.00

Undisbursed Amount

0.00

Franchise Name

The Woodhouse Day Spa

Servicing Lender Location Id

518422

Servicing Lender Name

Beacon Community Bank

Servicing Lender Address

578 East Bay St, Ste D

Servicing Lender City

CHARLESTON

Servicing Lender State

SC

Servicing Lender Zip

29403-6472

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

CHARLESTON

Project State

SC

Project Zip

29464-3021

CD

SC-01

Jobs Reported

46

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

323294.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

518422

Originating Lender

Beacon Community Bank

Originating Lender City

CHARLESTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326137.86

Forgiveness Date

01/18/2022

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