PPP Loan information for Southern states utility trailer sales inc

$1,923,647

Southern states utility trailer sales inc was initially approved for PPP Loan of amount $1,923,647, the current approved amount is $1,923,647. The loan was approved on 01/29/2021 by The Regions Bank reported 150 jobs and $1,923,647 was used to fund payroll.

Southern states utility trailer sales inc is Existing or more than 2 years old

SOUTHERN STATES UTILITY TRAILER SALES INC

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SOUTHERN STATES UTILITY TRAILER SALES INC

Borrower Address

550 Highway 49 S

Borrower City

Richland

Borrower State

MS

Borrower Zip

39218-9486

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1923647.00

Current Approval Amount

1923647.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richland

Project County Name

RANKIN

Project State

MS

Project Zip

39218-9486

CD

MS-03

Jobs Reported

150

NAICS Code

484121

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1923647.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1931446.99

Forgiveness Date

07/08/2021

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