PPP Loan information for Southern industrial supply inc

$148,600

Southern industrial supply inc was initially approved for PPP Loan of amount $148,600, the current approved amount is $148,600. The loan was approved on 04/07/2020 by The The Citizens National Bank of Meridian reported 14 jobs and $148,600 was used to fund payroll.

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

SOUTHERN INDUSTRIAL SUPPLY INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN INDUSTRIAL SUPPLY INC

Borrower Address

200 Wisteria Dr

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-7825

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148600.00

Current Approval Amount

148600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-7825

CD

MS-04

Jobs Reported

14

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18575.00

Payroll Proceed

111450.00

Mortgage Interest Proceed

18575.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

150152.04

Forgiveness Date

04/21/2021

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