PPP Loan information for Southern air inc.

$295,000

Southern air inc. was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/15/2020 by The Cadence Bank reported 32 jobs and $295,000 was used to fund payroll.

Southern air inc. is Existing or more than 2 years old

SOUTHERN AIR INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN AIR INC.

Borrower Address

10985 Commercial Drive

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35405-7550

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35405-7550

CD

AL-07

Jobs Reported

32

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298728.47

Forgiveness Date

08/09/2021

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