PPP Loan information for Southern communication corp

$125,600

Southern communication corp was initially approved for PPP Loan of amount $125,600, the current approved amount is $125,600. The loan was approved on 04/14/2020 by The Summit Community Bank, Inc. reported 19 jobs and $125,600 was used to fund payroll.

Southern communication corp is Existing or more than 2 years old

SOUTHERN COMMUNICATION CORP

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SOUTHERN COMMUNICATION CORP

Borrower Address

306 S KANAWHA ST

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-5619

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125600.00

Current Approval Amount

125600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-5619

CD

WV-01

Jobs Reported

19

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

101000.00

Mortgage Interest Proceed

19000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126587.36

Forgiveness Date

02/02/2021

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