PPP Loan information for Southland power sports and outdoor equipment, inc.

$48,535

Southland power sports and outdoor equipment, inc. was initially approved for PPP Loan of amount $48,535, the current approved amount is $48,535. The loan was approved on 04/06/2020 by The Community Bank reported 9 jobs and $48,535 was used to fund payroll.

Southland power sports and outdoor equipment, inc. is Existing or more than 2 years old

SOUTHLAND POWER SPORTS AND OUTDOOR EQUIPMENT, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHLAND POWER SPORTS AND OUTDOOR EQUIPMENT, INC.

Borrower Address

870 W CHURCH ST

Borrower City

LEXINGTON

Borrower State

TN

Borrower Zip

38351-1722

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48535.00

Current Approval Amount

48535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88774

Servicing Lender Name

Community Bank

Servicing Lender Address

19 Natchez Trace Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

TN

Servicing Lender Zip

38351-2172

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

HENDERSON

Project State

TN

Project Zip

38351-1722

CD

TN-08

Jobs Reported

9

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48535.00

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

88774

Originating Lender

Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48808.68

Forgiveness Date

11/05/2020

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