PPP Loan information for Southern power and communications

$31,000

Southern power and communications was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 04/28/2020 by The Regions Bank reported 5 jobs and $31,000 was used to fund payroll.

Southern power and communications is Existing or more than 2 years old

SOUTHERN POWER AND COMMUNICATIONS

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN POWER AND COMMUNICATIONS

Borrower Address

917 North Trenton Street,

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

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

Ruston

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-0100

CD

LA-05

Jobs Reported

5

NAICS Code

517919

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31000.00

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

Limited Liability Company(LLC)

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

31335.48

Forgiveness Date

06/04/2021

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