PPP Loan information for Southern broadcasting corporation

$41,023

Southern broadcasting corporation was initially approved for PPP Loan of amount $41,023, the current approved amount is $41,023. The loan was approved on 01/28/2021 by The First Metro Bank reported 8 jobs and $41,023 was used to fund payroll.

Southern broadcasting corporation is Existing or more than 2 years old

PPP Loan Search / AL / Muscle Shoals / Southern broadcasting corporation

SOUTHERN BROADCASTING CORPORATION

Date Approved

01/28/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN BROADCASTING CORPORATION

Borrower Address

414 S Wilson Dam Rd

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-3662

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41022.50

Current Approval Amount

41022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-3662

CD

AL-04

Jobs Reported

8

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41019.50

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41251.54

Forgiveness Date

08/27/2021

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