PPP Loan information for South atlantic environmental drilling and construction co.,

$484,200

South atlantic environmental drilling and construction co., was initially approved for PPP Loan of amount $405,600, the current approved amount is $484,200. The loan was approved on 04/07/2020 by The Truist Bank reported 35 jobs and $484,200 was used to fund payroll.

South atlantic environmental drilling and construction co., is Existing or more than 2 years old

SOUTH ATLANTIC ENVIRONMENTAL DRILLING AND CONSTRUCTION CO.,

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTH ATLANTIC ENVIRONMENTAL DRILLING AND CONSTRUCTION CO.,

Borrower Address

9088 NORTHFIELD DR

Borrower City

FORT MILL

Borrower State

SC

Borrower Zip

29707-6539

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405600.00

Current Approval Amount

484200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT MILL

Project County Name

LANCASTER

Project State

SC

Project Zip

29707-6539

CD

SC-05

Jobs Reported

35

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

484200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

488477.10

Forgiveness Date

03/05/2021

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