PPP Loan information for Southern truck and equipment inc

$163,205

Southern truck and equipment inc was initially approved for PPP Loan of amount $163,205, the current approved amount is $163,205. The loan was approved on 04/28/2020 by The First Horizon Bank reported 16 jobs and $163,205 was used to fund payroll.

Southern truck and equipment inc is New Business or 2 years or less

PPP Loan Search / NC / STATESVILLE / Southern truck and equipment inc

SOUTHERN TRUCK AND EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN TRUCK AND EQUIPMENT INC

Borrower Address

1426 NORTHSIDE DR

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28625

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163205.00

Current Approval Amount

163205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28625-0045

CD

NC-10

Jobs Reported

16

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163205.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164945.85

Forgiveness Date

05/26/2021

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