PPP Loan information for Southern tires, inc

$309,848

Southern tires, inc was initially approved for PPP Loan of amount $309,848, the current approved amount is $309,848. The loan was approved on 04/12/2020 by The Cadence Bank reported 40 jobs and $309,848 was used to fund payroll.

Southern tires, inc is New Business or 2 years or less

PPP Loan Search / AL / WHISTLER / Southern tires, inc

SOUTHERN TIRES, INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN TIRES, INC

Borrower Address

2608 W MAIN ST

Borrower City

WHISTLER

Borrower State

AL

Borrower Zip

36612

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309847.50

Current Approval Amount

309847.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WHISTLER

Project County Name

MOBILE

Project State

AL

Project Zip

36612-1100

CD

AL-01

Jobs Reported

40

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

309847.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313402.14

Forgiveness Date

06/10/2021

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