PPP Loan information for Southern automation inc.

$152,271

Southern automation inc. was initially approved for PPP Loan of amount $152,271, the current approved amount is $152,271. The loan was approved on 01/23/2021 by The Citizens National Bank, National Association reported 11 jobs and $152,271 was used to fund payroll.

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

PPP Loan Search / LA / Shreveport / Southern automation inc.

SOUTHERN AUTOMATION INC.

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN AUTOMATION INC.

Borrower Address

9212 Youree Dr

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71115-3610

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152271.00

Current Approval Amount

152271.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28121

Servicing Lender Name

Citizens National Bank, National Association

Servicing Lender Address

2711 E Texas St

Servicing Lender City

BOSSIER CITY

Servicing Lender State

LA

Servicing Lender Zip

71111-3745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71115-3610

CD

LA-04

Jobs Reported

11

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

152268.00

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

28121

Originating Lender

Citizens National Bank, National Association

Originating Lender City

BOSSIER CITY

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

154301.28

Forgiveness Date

05/25/2022

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