PPP Loan information for New south developers inc.

$11,682

New south developers inc. was initially approved for PPP Loan of amount $11,682, the current approved amount is $11,682. The loan was approved on 03/12/2021 by The Truist Bank reported 2 jobs and $11,682 was used to fund payroll.

New south developers inc. is Existing or more than 2 years old

PPP Loan Search / AL / Vestavia / New south developers inc.

NEW SOUTH DEVELOPERS INC.

Date Approved

03/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

NEW SOUTH DEVELOPERS INC.

Borrower Address

500 Southland Dr Ste 212

Borrower City

Vestavia

Borrower State

AL

Borrower Zip

35226-3712

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11681.85

Current Approval Amount

11681.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vestavia

Project County Name

JEFFERSON

Project State

AL

Project Zip

35226-3712

CD

AL-06

Jobs Reported

2

NAICS Code

531311

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

11675.85

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11780.17

Forgiveness Date

01/18/2022

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