Date Approved
04/06/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
SOUTHERN VERANDA, INC
Borrower Address
105 N. BANCROFT ST
Borrower City
FAIRHOPE
Borrower State
AL
Borrower Zip
36532-2401
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39666
Servicing Lender Name
Merchants & Marine Bank
Servicing Lender Address
3118 Pascagoula St
Servicing Lender City
PASCAGOULA
Servicing Lender State
MS
Servicing Lender Zip
39567-4215
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALDWIN
Project State
Project Zip
CD
AL-01
Jobs Reported
8
NAICS Code
453110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1000.00
Payroll Proceed
16000.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
1000
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
21253.17
Forgiveness Date
06/24/2021