PPP Loan information for Southern beverage co inc

$2,772,300

Southern beverage co inc was initially approved for PPP Loan of amount $2,772,300, the current approved amount is $2,772,300. The loan was approved on 04/15/2020 by The Regions Bank reported 279 jobs and $2,772,300 was used to fund payroll.

Southern beverage co inc is Existing or more than 2 years old

PPP Loan Search / MS / RICHLAND / Southern beverage co inc

SOUTHERN BEVERAGE CO INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN BEVERAGE CO INC

Borrower Address

1939 DAVIS JOHNSON DRIVE,

Borrower City

RICHLAND

Borrower State

MS

Borrower Zip

39218-8406

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2772300.00

Current Approval Amount

2772300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

RANKIN

Project State

MS

Project Zip

39218-8406

CD

MS-03

Jobs Reported

279

NAICS Code

424810

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2772300.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2802833.28

Forgiveness Date

06/04/2021

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