PPP Loan information for Southern distributing co of lake city, inc

$52,125

Southern distributing co of lake city, inc was initially approved for PPP Loan of amount $52,125, the current approved amount is $52,125. The loan was approved on 04/28/2020 by The The Citizens Bank reported 8 jobs and $52,125 was used to fund payroll.

Southern distributing co of lake city, inc is Existing or more than 2 years old

PPP Loan Search / SC / LAKE CITY / Southern distributing co of lake city, inc

SOUTHERN DISTRIBUTING CO OF LAKE CITY, INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN DISTRIBUTING CO OF LAKE CITY, INC

Borrower Address

113 N CHURCH ST

Borrower City

LAKE CITY

Borrower State

SC

Borrower Zip

29560-2628

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52125.00

Current Approval Amount

52125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66268

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

124 E Main St

Servicing Lender City

OLANTA

Servicing Lender State

SC

Servicing Lender Zip

29114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

FLORENCE

Project State

SC

Project Zip

29560-2628

CD

SC-06

Jobs Reported

8

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52125.00

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

66268

Originating Lender

The Citizens Bank

Originating Lender City

OLANTA

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52405.90

Forgiveness Date

11/12/2020

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