PPP Loan information for Southern management corporation

$2,465,203

Southern management corporation was initially approved for PPP Loan of amount $2,465,203, the current approved amount is $2,465,203. The loan was approved on 04/05/2020 by The EagleBank reported 177 jobs and $2,465,203 was used to fund payroll.

Southern management corporation is Existing or more than 2 years old

SOUTHERN MANAGEMENT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOUTHERN MANAGEMENT CORPORATION

Borrower Address

1950 OLD GALLOWS RD Suite 600

Borrower City

VIENNA

Borrower State

VA

Borrower Zip

22182-3970

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2465202.50

Current Approval Amount

2465202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIENNA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-3970

CD

VA-11

Jobs Reported

177

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1972162.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

493040.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2517314.14

Forgiveness Date

05/17/2022

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