PPP Loan information for Southern equipment sales & service inc

$87,500

Southern equipment sales & service inc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 03/02/2021 by The The First Bank reported 10 jobs and $87,500 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

03/02/2021

SBA Office Code

0405

Processing Method

PPS

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

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

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

1.00

Payroll Proceed

87496.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88185.42

Forgiveness Date

12/20/2021

;