PPP Loan information for Southern commercial materials, inc.

$48,500

Southern commercial materials, inc. was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 04/10/2020 by The Ameris Bank reported 6 jobs and $48,500 was used to fund payroll.

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

PPP Loan Search / GA / ALBANY / Southern commercial materials, inc.

SOUTHERN COMMERCIAL MATERIALS, INC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN COMMERCIAL MATERIALS, INC.

Borrower Address

405 E. Oglethorpe Blvd.

Borrower City

ALBANY

Borrower State

GA

Borrower Zip

31705-2709

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

DOUGHERTY

Project State

GA

Project Zip

31705-2709

CD

GA-02

Jobs Reported

6

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4850.00

Payroll Proceed

38800.00

Mortgage Interest Proceed

0.00

Rent Proceed

4850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48898.63

Forgiveness Date

02/25/2021

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