PPP Loan information for Southgroup insurance & financial services, llc

$1,766,100

Southgroup insurance & financial services, llc was initially approved for PPP Loan of amount $1,766,100, the current approved amount is $1,766,100. The loan was approved on 04/03/2020 by The Merchants & Planters Bank reported 123 jobs and $1,766,100 was used to fund payroll.

Southgroup insurance & financial services, llc is Existing or more than 2 years old

SOUTHGROUP INSURANCE & FINANCIAL SERVICES, LLC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHGROUP INSURANCE & FINANCIAL SERVICES, LLC

Borrower Address

795 woodlands parkway suite 101

Borrower City

RIDGELAND

Borrower State

MS

Borrower Zip

39157-5212

Loan Status Date

06/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1766100.00

Current Approval Amount

1766100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39721

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

308 Raymond Sq

Servicing Lender City

RAYMOND

Servicing Lender State

MS

Servicing Lender Zip

39154

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGELAND

Project County Name

MADISON

Project State

MS

Project Zip

39157-5212

CD

MS-03

Jobs Reported

123

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1766100.00

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

39721

Originating Lender

Merchants & Planters Bank

Originating Lender City

RAYMOND

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1670767.55

Forgiveness Date

12/29/2021

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