PPP Loan information for Southern telecom inc.

$1,171,762

Southern telecom inc. was initially approved for PPP Loan of amount $1,171,762, the current approved amount is $1,171,762. The loan was approved on 04/27/2020 by The Israel Discount Bank of New York reported 120 jobs and $1,171,762 was used to fund payroll.

Southern telecom inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Southern telecom inc.

SOUTHERN TELECOM INC.

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SOUTHERN TELECOM INC.

Borrower Address

5601 1ST AVE 2nd Floor

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11220-2517

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1171762.00

Current Approval Amount

1171762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49407

Servicing Lender Name

Israel Discount Bank of New York

Servicing Lender Address

1114 Avenue of the Americas

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10036

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11220-2517

CD

NY-10

Jobs Reported

120

NAICS Code

423690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

44459.00

Payroll Proceed

1082844.00

Mortgage Interest Proceed

0.00

Rent Proceed

44459.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

49407

Originating Lender

Israel Discount Bank of New York

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1181787.07

Forgiveness Date

03/11/2021

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