PPP Loan information for Old south building corporation

$56,848

Old south building corporation was initially approved for PPP Loan of amount $384,002, the current approved amount is $56,848. The loan was approved on 04/14/2020 by The Truist Bank reported 10 jobs and $56,848 was used to fund payroll.

Old south building corporation is Existing or more than 2 years old

PPP Loan Search / VA / PETERSBURG / Old south building corporation

OLD SOUTH BUILDING CORPORATION

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OLD SOUTH BUILDING CORPORATION

Borrower Address

1622 Brandon Ave

Borrower City

PETERSBURG

Borrower State

VA

Borrower Zip

23805-1302

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384001.64

Current Approval Amount

56848.00

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

PETERSBURG

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23805-1302

CD

VA-04

Jobs Reported

10

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56848.00

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

Subchapter S 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

57219.09

Forgiveness Date

12/21/2020

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