PPP Loan information for Southern medical group, llc

$191,465

Southern medical group, llc was initially approved for PPP Loan of amount $191,465, the current approved amount is $191,465. The loan was approved on 04/08/2020 by The The Peoples Bank reported 24 jobs and $191,465 was used to fund payroll.

Southern medical group, llc is Existing or more than 2 years old

SOUTHERN MEDICAL GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTHERN MEDICAL GROUP, LLC

Borrower Address

211 E. Stadium

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-2032

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191464.92

Current Approval Amount

191464.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4825

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

500 N Jackson

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-2916

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-2032

CD

AR-04

Jobs Reported

24

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

191464.92

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

Limited Liability Company(LLC)

Originating Lender Location Id

4825

Originating Lender

The Peoples Bank

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192860.25

Forgiveness Date

12/31/2020

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