PPP Loan information for Southern debt co

$1,927,259

Southern debt co was initially approved for PPP Loan of amount $1,927,259, the current approved amount is $1,927,259. The loan was approved on 03/23/2021 by The American Lending Center reported 180 jobs and $1,927,259 was used to fund payroll.

Southern debt co is Existing or more than 2 years old

SOUTHERN DEBT CO

Date Approved

03/23/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOUTHERN DEBT CO

Borrower Address

5680 King Centre Dr

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22315-5757

Loan Status Date

10/19/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

1927259.33

Current Approval Amount

1927259.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

FAIRFAX

Project State

VA

Project Zip

22315-5757

CD

VA-08

Jobs Reported

180

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1927259.33

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

Corporation

Originating Lender Location Id

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;