PPP Loan information for Southern automation, inc.

$164,900

Southern automation, inc. was initially approved for PPP Loan of amount $164,900, the current approved amount is $164,900. The loan was approved on 04/07/2020 by The Citizens National Bank, National Association reported 12 jobs and $164,900 was used to fund payroll.

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

SOUTHERN AUTOMATION, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN AUTOMATION, INC.

Borrower Address

9212 Youree Drive

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71115-3610

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164900.00

Current Approval Amount

164900.00

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

12

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164900.00

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

166402.42

Forgiveness Date

03/09/2021

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