PPP Loan information for Southern pharmaceutical corp

$503,452

Southern pharmaceutical corp was initially approved for PPP Loan of amount $503,452, the current approved amount is $503,452. The loan was approved on 04/23/2021 by The Regions Bank reported 69 jobs and $503,452 was used to fund payroll.

Southern pharmaceutical corp is Existing or more than 2 years old

SOUTHERN PHARMACEUTICAL CORP

Date Approved

04/23/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SOUTHERN PHARMACEUTICAL CORP

Borrower Address

165 Rosecrest Dr

Borrower City

Columbus

Borrower State

MS

Borrower Zip

39701-5501

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503452.00

Current Approval Amount

503452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

LOWNDES

Project State

MS

Project Zip

39701-5501

CD

MS-01

Jobs Reported

69

NAICS Code

532283

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

503450.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

507727.89

Forgiveness Date

03/03/2022

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