PPP Loan information for Southern chem industries llc

$319,600

Southern chem industries llc was initially approved for PPP Loan of amount $319,600, the current approved amount is $319,600. The loan was approved on 04/06/2020 by The The First Bank reported 21 jobs and $319,600 was used to fund payroll.

Southern chem industries llc is Existing or more than 2 years old

PPP Loan Search / LA / DESTREHAN / Southern chem industries llc

SOUTHERN CHEM INDUSTRIES LLC

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN CHEM INDUSTRIES LLC

Borrower Address

30 ROSEDOWN DR

Borrower City

DESTREHAN

Borrower State

LA

Borrower Zip

70047-2531

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319600.00

Current Approval Amount

319600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DESTREHAN

Project County Name

SAINT CHARLES

Project State

LA

Project Zip

70047-2531

CD

LA-06

Jobs Reported

21

NAICS Code

325320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

272667.48

Mortgage Interest Proceed

11077.88

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35854.64

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322511.91

Forgiveness Date

03/11/2021

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