PPP Loan information for Southern commercial materials inc

$48,526

Southern commercial materials inc was initially approved for PPP Loan of amount $48,526, the current approved amount is $48,526. The loan was approved on 03/03/2021 by The Ameris Bank reported 10 jobs and $48,526 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

03/03/2021

SBA Office Code

0405

Processing Method

PPS

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

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48526.00

Current Approval Amount

48526.00

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

N

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

10

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48523.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48866.35

Forgiveness Date

11/17/2021

;