PPP Loan information for Southern insulation, inc.

$1,253,587

Southern insulation, inc. was initially approved for PPP Loan of amount $1,253,587, the current approved amount is $1,253,587. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 85 jobs and $1,253,587 was used to fund payroll.

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

PPP Loan Search / MD / Bladensburg / Southern insulation, inc.

SOUTHERN INSULATION, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOUTHERN INSULATION, INC.

Borrower Address

5218 Monroe Street

Borrower City

Bladensburg

Borrower State

MD

Borrower Zip

20710

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1253587.00

Current Approval Amount

1253587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bladensburg

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20710-0001

CD

MD-04

Jobs Reported

85

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

1131528.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85059.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1264062.18

Forgiveness Date

02/24/2021

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