PPP Loan information for Southern foodservice management inc

$2,000,000

Southern foodservice management inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The PNC Bank, National Association reported 299 jobs and $2,000,000 was used to fund payroll.

Southern foodservice management inc is Existing or more than 2 years old

SOUTHERN FOODSERVICE MANAGEMENT INC

Date Approved

02/19/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN FOODSERVICE MANAGEMENT INC

Borrower Address

431 Office Park Dr Fl 1

Borrower City

Mountain Brk

Borrower State

AL

Borrower Zip

35223-2411

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountain Brk

Project County Name

JEFFERSON

Project State

AL

Project Zip

35223-2411

CD

AL-06

Jobs Reported

299

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021444.44

Forgiveness Date

03/16/2022

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