Date Approved
04/05/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
GROSOUTH, INC.
Borrower Address
620 NMCDONOUGH ST
Borrower City
MONTGOMERY
Borrower State
AL
Borrower Zip
36104-2623
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
240700.00
Current Approval Amount
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
Servicing Lender Zip
35209-1374
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
AL-02
Jobs Reported
21
NAICS Code
424510
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12035.00
Payroll Proceed
180525.00
Mortgage Interest Proceed
Rent Proceed
48140.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
242598.86
Forgiveness Date
01/25/2021