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
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
Servicing Lender Zip
27526-2221
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLEVELAND
Project State
Project Zip
CD
NC-10
Jobs Reported
102
NAICS Code
336211
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1039399.46
Forgiveness Date
11/05/2020