PPP Loan information for Southern power and communications

$42,207

Southern power and communications was initially approved for PPP Loan of amount $42,207, the current approved amount is $42,207. The loan was approved on 03/06/2021 by The Regions Bank reported 8 jobs and $42,207 was used to fund payroll.

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

SOUTHERN POWER AND COMMUNICATIONS

Date Approved

03/06/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN POWER AND COMMUNICATIONS

Borrower Address

917 N Trenton St

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270-3327

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42207.00

Current Approval Amount

42207.00

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

71270-3327

CD

LA-05

Jobs Reported

8

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42207.00

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

42529.62

Forgiveness Date

12/14/2021

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