PPP Loan information for South alabama regional airport authority

$101,250

South alabama regional airport authority was initially approved for PPP Loan of amount $101,250, the current approved amount is $101,250. The loan was approved on 04/13/2020 by The Southern Independent Bank reported 17 jobs and $101,250 was used to fund payroll.

South alabama regional airport authority is Existing or more than 2 years old

SOUTH ALABAMA REGIONAL AIRPORT AUTHORITY

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTH ALABAMA REGIONAL AIRPORT AUTHORITY

Borrower Address

21861 BILL BENTON LN

Borrower City

ANDALUSIA

Borrower State

AL

Borrower Zip

36421-7734

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101250.00

Current Approval Amount

101250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDALUSIA

Project County Name

COVINGTON

Project State

AL

Project Zip

36421-7734

CD

AL-02

Jobs Reported

17

NAICS Code

488119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101250.00

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

Non-Profit Organization

Originating Lender Location Id

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

101874.38

Forgiveness Date

11/27/2020

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