PPP Loan information for Southern sound inc

$76,700

Southern sound inc was initially approved for PPP Loan of amount $76,700, the current approved amount is $76,700. The loan was approved on 04/29/2020 by The Peoples Bank reported 8 jobs and $76,700 was used to fund payroll.

Southern sound inc is Unanswered

PPP Loan Search / NC / DENVER / Southern sound inc

SOUTHERN SOUND INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN SOUND INC

Borrower Address

7490 WATERSIDE PEAK DR

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76700.00

Current Approval Amount

76700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DENVER

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-0001

CD

NC-10

Jobs Reported

8

NAICS Code

561621

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76700.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77315.73

Forgiveness Date

02/25/2021

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