PPP Loan information for Southern industrial electric inc

$289,349

Southern industrial electric inc was initially approved for PPP Loan of amount $289,349, the current approved amount is $289,349. The loan was approved on 02/12/2021 by The Ameris Bank reported 15 jobs and $289,349 was used to fund payroll.

Southern industrial electric inc is Existing or more than 2 years old

SOUTHERN INDUSTRIAL ELECTRIC INC

Date Approved

02/12/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SOUTHERN INDUSTRIAL ELECTRIC INC

Borrower Address

466 Drake Dr

Borrower City

Douglas

Borrower State

GA

Borrower Zip

31535-7287

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

289349.00

Current Approval Amount

289349.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

COFFEE

Project State

GA

Project Zip

31535-7287

CD

GA-08

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

289345.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

291949.18

Forgiveness Date

01/11/2022

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