PPP Loan information for Southern equipment sales & service, inc

$88,750

Southern equipment sales & service, inc was initially approved for PPP Loan of amount $88,750, the current approved amount is $88,750. The loan was approved on 04/10/2020 by The The First Bank reported 10 jobs and $88,750 was used to fund payroll.

Southern equipment sales & service, inc is Existing or more than 2 years old

SOUTHERN EQUIPMENT SALES & SERVICE, INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN EQUIPMENT SALES & SERVICE, INC

Borrower Address

303 S MADISON ST

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31792-6058

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88750.00

Current Approval Amount

88750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31792-6058

CD

GA-02

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1700.00

Payroll Proceed

86808.28

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

241.72

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89460.00

Forgiveness Date

02/04/2021

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