PPP Loan information for Southern rubber company inc

$299,989

Southern rubber company inc was initially approved for PPP Loan of amount $299,989, the current approved amount is $299,989. The loan was approved on 01/19/2021 by The Bank of Oak Ridge reported 30 jobs and $299,989 was used to fund payroll.

Southern rubber company inc is Existing or more than 2 years old

SOUTHERN RUBBER COMPANY INC

Date Approved

01/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTHERN RUBBER COMPANY INC

Borrower Address

2209 Patterson St

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407-2533

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299988.95

Current Approval Amount

299988.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-2533

CD

NC-06

Jobs Reported

30

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299986.95

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302330.53

Forgiveness Date

11/05/2021

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