PPP Loan information for Sbc instrument & control, inc

$1,488,693

Sbc instrument & control, inc was initially approved for PPP Loan of amount $1,488,693, the current approved amount is $1,488,693. The loan was approved on 04/10/2020 by The CB&S Bank reported 95 jobs and $1,488,693 was used to fund payroll.

Sbc instrument & control, inc is Existing or more than 2 years old

PPP Loan Search / MS / CORINTH / Sbc instrument & control, inc

SBC INSTRUMENT & CONTROL, INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SBC INSTRUMENT & CONTROL, INC

Borrower Address

601 Pinecrest Road

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834-5334

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1488692.50

Current Approval Amount

1488692.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-5334

CD

MS-01

Jobs Reported

95

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14886.00

Payroll Proceed

1458920.50

Mortgage Interest Proceed

0.00

Rent Proceed

14886.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1500436.63

Forgiveness Date

02/01/2021

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