PPP Loan information for Southern pearl inc

$47,000

Southern pearl inc was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 16 jobs and $47,000 was used to fund payroll.

Southern pearl inc is Existing or more than 2 years old

SOUTHERN PEARL INC

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SOUTHERN PEARL INC

Borrower Address

542 Appalachian Highway

Borrower City

PINEVILLE

Borrower State

WV

Borrower Zip

24874-0542

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINEVILLE

Project County Name

WYOMING

Project State

WV

Project Zip

24874-0542

CD

WV-01

Jobs Reported

16

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

37000.00

Mortgage Interest Proceed

7000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47342.06

Forgiveness Date

01/26/2021

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