PPP Loan information for Southern apparel, inc.

$113,560

Southern apparel, inc. was initially approved for PPP Loan of amount $113,560, the current approved amount is $113,560. The loan was approved on 04/10/2020 by The First Community Bank of Central Alabama reported 31 jobs and $113,560 was used to fund payroll.

Southern apparel, inc. is New Business or 2 years or less

SOUTHERN APPAREL, INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN APPAREL, INC.

Borrower Address

954 Formby Rd

Borrower City

WETUMPKA

Borrower State

AL

Borrower Zip

36092-6448

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113560.00

Current Approval Amount

113560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

227873

Servicing Lender Name

First Community Bank of Central Alabama

Servicing Lender Address

715 Wilson St

Servicing Lender City

WETUMPKA

Servicing Lender State

AL

Servicing Lender Zip

36092-2901

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WETUMPKA

Project County Name

ELMORE

Project State

AL

Project Zip

36092-6448

CD

AL-02

Jobs Reported

31

NAICS Code

315280

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90848.00

Mortgage Interest Proceed

22712.00

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

227873

Originating Lender

First Community Bank of Central Alabama

Originating Lender City

WETUMPKA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114253.98

Forgiveness Date

11/24/2020

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