PPP Loan information for New southern loans, inc.

$220,600

New southern loans, inc. was initially approved for PPP Loan of amount $220,600, the current approved amount is $220,600. The loan was approved on 04/14/2020 by The Southern Bank and Trust Company reported 27 jobs and $220,600 was used to fund payroll.

New southern loans, inc. is Existing or more than 2 years old

PPP Loan Search / NC / KNIGHTDALE / New southern loans, inc.

NEW SOUTHERN LOANS, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW SOUTHERN LOANS, INC.

Borrower Address

7041 KNIGHTDALE BLVD

Borrower City

KNIGHTDALE

Borrower State

NC

Borrower Zip

27545-8800

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220600.00

Current Approval Amount

220600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNIGHTDALE

Project County Name

WAKE

Project State

NC

Project Zip

27545-8800

CD

NC-02

Jobs Reported

27

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220600.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;