PPP Loan information for Southern institute for appropriate technology

$94,156

Southern institute for appropriate technology was initially approved for PPP Loan of amount $92,700, the current approved amount is $94,156. The loan was approved on 04/16/2020 by The Truist Bank reported 22 jobs and $94,156 was used to fund payroll.

Southern institute for appropriate technology is Existing or more than 2 years old

PPP Loan Search / AL / Lineville / Southern institute for appropriate technology

SOUTHERN INSTITUTE FOR APPROPRIATE TECHNOLOGY

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN INSTITUTE FOR APPROPRIATE TECHNOLOGY

Borrower Address

2944 County Road 113

Borrower City

Lineville

Borrower State

AL

Borrower Zip

36266

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92700.00

Current Approval Amount

94155.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lineville

Project County Name

CLAY

Project State

AL

Project Zip

36266-0001

CD

AL-03

Jobs Reported

22

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94155.75

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

94995.31

Forgiveness Date

03/23/2021

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