PPP Loan information for Southern business supply of meridian inc

$29,915

Southern business supply of meridian inc was initially approved for PPP Loan of amount $29,915, the current approved amount is $29,915. The loan was approved on 02/10/2021 by The The Commercial Bank reported 5 jobs and $29,915 was used to fund payroll.

Southern business supply of meridian inc is Existing or more than 2 years old

SOUTHERN BUSINESS SUPPLY OF MERIDIAN INC

Date Approved

02/10/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SOUTHERN BUSINESS SUPPLY OF MERIDIAN INC

Borrower Address

5685 Dale Dr

Borrower City

Marion

Borrower State

MS

Borrower Zip

39342-9609

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29914.53

Current Approval Amount

29914.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39197

Servicing Lender Name

The Commercial Bank

Servicing Lender Address

175 Hopper St

Servicing Lender City

DE KALB

Servicing Lender State

MS

Servicing Lender Zip

39328-9808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39342-9609

CD

MS-03

Jobs Reported

5

NAICS Code

423210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29912.53

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

Corporation

Originating Lender Location Id

39197

Originating Lender

The Commercial Bank

Originating Lender City

DE KALB

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30299.73

Forgiveness Date

06/03/2022

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