PPP Loan information for Southeastern minerals, inc.

$588,100

Southeastern minerals, inc. was initially approved for PPP Loan of amount $588,100, the current approved amount is $588,100. The loan was approved on 04/15/2020 by The Regions Bank reported 53 jobs and $588,100 was used to fund payroll.

Southeastern minerals, inc. is Existing or more than 2 years old

SOUTHEASTERN MINERALS, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHEASTERN MINERALS, INC.

Borrower Address

1100 Dothan Road

Borrower City

Bainbridge

Borrower State

GA

Borrower Zip

39817-3063

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588100.00

Current Approval Amount

588100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bainbridge

Project County Name

DECATUR

Project State

GA

Project Zip

39817-3063

CD

GA-02

Jobs Reported

53

NAICS Code

311119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

588100.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

591258.02

Forgiveness Date

11/05/2020

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