PPP Loan information for Southern mechanical inc

$210,000

Southern mechanical inc was initially approved for PPP Loan of amount $210,000, the current approved amount is $210,000. The loan was approved on 04/06/2020 by The Cadence Bank reported 14 jobs and $210,000 was used to fund payroll.

Southern mechanical inc is Existing or more than 2 years old

SOUTHERN MECHANICAL INC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN MECHANICAL INC

Borrower Address

3072 Damascus RD

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30909-4068

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

210000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30909-4068

CD

GA-12

Jobs Reported

14

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

210000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201211.11

Forgiveness Date

12/02/2020

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