PPP Loan information for Southland electric company inc

$872,000

Southland electric company inc was initially approved for PPP Loan of amount $872,000, the current approved amount is $872,000. The loan was approved on 04/09/2020 by The ServisFirst Bank reported 72 jobs and $872,000 was used to fund payroll.

Southland electric company inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Southland electric company inc

SOUTHLAND ELECTRIC COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHLAND ELECTRIC COMPANY INC

Borrower Address

5640 Clifford Circle Suite B

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35210-4453

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

872000.00

Current Approval Amount

872000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-4453

CD

AL-06

Jobs Reported

72

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

872000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

879799.56

Forgiveness Date

03/02/2021

;