PPP Loan information for Southern design & materials, inc.

$374,300

Southern design & materials, inc. was initially approved for PPP Loan of amount $374,300, the current approved amount is $374,300. The loan was approved on 04/08/2020 by The Valley National Bank reported 44 jobs and $374,300 was used to fund payroll.

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

PPP Loan Search / AL / ALEXANDER CITY / Southern design & materials, inc.

SOUTHERN DESIGN & MATERIALS, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN DESIGN & MATERIALS, INC.

Borrower Address

1081 Tallapoosa St.

Borrower City

ALEXANDER CITY

Borrower State

AL

Borrower Zip

35010-1552

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374300.00

Current Approval Amount

374300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDER CITY

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-1552

CD

AL-03

Jobs Reported

44

NAICS Code

541490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374300.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378490.08

Forgiveness Date

05/26/2021

;