PPP Loan information for South alabama regional airport authority

$118,848

South alabama regional airport authority was initially approved for PPP Loan of amount $118,848, the current approved amount is $118,848. The loan was approved on 02/13/2021 by The Southern Independent Bank reported 19 jobs and $118,848 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

02/13/2021

SBA Office Code

0459

Processing Method

PPS

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

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118848.47

Current Approval Amount

118848.47

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

19

NAICS Code

488119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

118846.47

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

119350.27

Forgiveness Date

07/21/2021

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