PPP Loan information for South 401 inc.

$70,521

South 401 inc. was initially approved for PPP Loan of amount $70,521, the current approved amount is $70,521. The loan was approved on 03/05/2021 by The The Huntington National Bank reported 17 jobs and $70,521 was used to fund payroll.

South 401 inc. is Existing or more than 2 years old

SOUTH 401 INC.

Date Approved

03/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOUTH 401 INC.

Borrower Address

211 N Shiawassee St

Borrower City

Corunna

Borrower State

MI

Borrower Zip

48817-1444

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70521.00

Current Approval Amount

70521.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corunna

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48817-1444

CD

MI-04

Jobs Reported

17

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70516.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71388.50

Forgiveness Date

06/01/2022

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