PPP Loan information for Southern auto electric inc.

$128,800

Southern auto electric inc. was initially approved for PPP Loan of amount $128,800, the current approved amount is $128,800. The loan was approved on 04/14/2020 by The The First Bank reported 19 jobs and $128,800 was used to fund payroll.

Southern auto electric inc. is Existing or more than 2 years old

PPP Loan Search / GA / CONLEY / Southern auto electric inc.

SOUTHERN AUTO ELECTRIC INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN AUTO ELECTRIC INC.

Borrower Address

3975 Moreland Ave

Borrower City

CONLEY

Borrower State

GA

Borrower Zip

30288

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128800.00

Current Approval Amount

128800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONLEY

Project County Name

CLAYTON

Project State

GA

Project Zip

30288-0001

CD

GA-05

Jobs Reported

19

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96600.00

Mortgage Interest Proceed

0.00

Rent Proceed

32200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130202.49

Forgiveness Date

05/19/2021

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