PPP Loan information for Southern foodservice management, inc.

$7,265,205

Southern foodservice management, inc. was initially approved for PPP Loan of amount $6,658,600, the current approved amount is $7,265,205. The loan was approved on 04/05/2020 by The PNC Bank, National Association reported 500 jobs and $7,265,205 was used to fund payroll.

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

SOUTHERN FOODSERVICE MANAGEMENT, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN FOODSERVICE MANAGEMENT, INC.

Borrower Address

431 OFFICE PARK DR 1st Floor

Borrower City

MOUNTAIN BRK

Borrower State

AL

Borrower Zip

35223-2411

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6658600.00

Current Approval Amount

7265205.00

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

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

908150.63

Payroll Proceed

5448903.75

Mortgage Interest Proceed

908150.62

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

7351983.84

Forgiveness Date

06/11/2021

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