PPP Loan information for Southco industries inc

$1,033,400

Southco industries inc was initially approved for PPP Loan of amount $1,033,400, the current approved amount is $1,033,400. The loan was approved on 04/08/2020 by The The Fidelity Bank reported 102 jobs and $1,033,400 was used to fund payroll.

Southco industries inc is Existing or more than 2 years old

SOUTHCO INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHCO INDUSTRIES INC

Borrower Address

1840 E DIXON BLVD

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28152-6902

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1033400.00

Current Approval Amount

1033400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-6902

CD

NC-10

Jobs Reported

102

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1033400.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1039399.46

Forgiveness Date

11/05/2020

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