PPP Loan information for Southern synergy inc

$809,700

Southern synergy inc was initially approved for PPP Loan of amount $809,700, the current approved amount is $809,700. The loan was approved on 04/09/2020 by The Renasant Bank reported 45 jobs and $809,700 was used to fund payroll.

Southern synergy inc is Existing or more than 2 years old

SOUTHERN SYNERGY INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN SYNERGY INC

Borrower Address

17 Vine St

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

809700.00

Current Approval Amount

809700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-0001

CD

AL-05

Jobs Reported

45

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

809700.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

814490.72

Forgiveness Date

11/27/2020

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