PPP Loan information for Stono concrete inc

$440,000

Stono concrete inc was initially approved for PPP Loan of amount $440,000, the current approved amount is $440,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 43 jobs and $440,000 was used to fund payroll.

Stono concrete inc is Existing or more than 2 years old

STONO CONCRETE INC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

STONO CONCRETE INC

Borrower Address

3891 Old Charleston Hwy

Borrower City

JOHNS ISLAND

Borrower State

SC

Borrower Zip

29455-7662

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440000.00

Current Approval Amount

440000.00

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

JOHNS ISLAND

Project County Name

CHARLESTON

Project State

SC

Project Zip

29455-7662

CD

SC-01

Jobs Reported

43

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

440000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

443874.44

Forgiveness Date

02/25/2021

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