PPP Loan information for Southern commercial development, llc

$564,740

Southern commercial development, llc was initially approved for PPP Loan of amount $564,740, the current approved amount is $564,740. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 50 jobs and $564,740 was used to fund payroll.

Southern commercial development, llc is Existing or more than 2 years old

PPP Loan Search / SC / LEXINGTON / Southern commercial development, llc

SOUTHERN COMMERCIAL DEVELOPMENT, LLC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN COMMERCIAL DEVELOPMENT, LLC

Borrower Address

108 PRIDES WAY DR

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564740.00

Current Approval Amount

564740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-0001

CD

SC-02

Jobs Reported

50

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

564740.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124307

Originating Lender

Southern First Bank

Originating Lender City

GREENVILLE

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

571702.55

Forgiveness Date

07/22/2021

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