PPP Loan information for Sbc instrument & control inc

$1,499,570

Sbc instrument & control inc was initially approved for PPP Loan of amount $1,499,570, the current approved amount is $1,499,570. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 95 jobs and $1,499,570 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

01/31/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SBC INSTRUMENT & CONTROL INC

Borrower Address

601 Pinecrest Rd

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-5334

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1499570.00

Current Approval Amount

1499570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

1.00

Payroll Proceed

1499565.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1514483.53

Forgiveness Date

02/09/2022

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