PPP Loan information for Southern construction & development

$110,400

Southern construction & development was initially approved for PPP Loan of amount $110,400, the current approved amount is $110,400. The loan was approved on 04/27/2020 by The Community Bank of Mississippi reported 12 jobs and $110,400 was used to fund payroll.

Southern construction & development is Existing or more than 2 years old

SOUTHERN CONSTRUCTION & DEVELOPMENT

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN CONSTRUCTION & DEVELOPMENT

Borrower Address

691 Lavelle Turner Road

Borrower City

LUMBERTON

Borrower State

MS

Borrower Zip

39455-8724

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110400.00

Current Approval Amount

110400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

LAMAR

Project State

MS

Project Zip

39455-8724

CD

MS-04

Jobs Reported

12

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13500.00

Payroll Proceed

96900.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111428.38

Forgiveness Date

04/12/2021

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