PPP Loan information for New south inc.

$793,417

New south inc. was initially approved for PPP Loan of amount $793,417, the current approved amount is $793,417. The loan was approved on 01/21/2021 by The The Citizens National Bank of Meridian reported 70 jobs and $793,417 was used to fund payroll.

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

PPP Loan Search / MS / Meridian / New south inc.

NEW SOUTH INC.

Date Approved

01/21/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

NEW SOUTH INC.

Borrower Address

1200 N Frontage Rd

Borrower City

Meridian

Borrower State

MS

Borrower Zip

39301-6149

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

793417.00

Current Approval Amount

793417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Meridian

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-6149

CD

MS-03

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

793415.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

798397.90

Forgiveness Date

09/09/2021

;