PPP Loan information for Southern textile service, inc.

$700,617

Southern textile service, inc. was initially approved for PPP Loan of amount $700,618, the current approved amount is $700,617. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 47 jobs and $700,617 was used to fund payroll.

Southern textile service, inc. is Existing or more than 2 years old

PPP Loan Search / VA / South Hill / Southern textile service, inc.

SOUTHERN TEXTILE SERVICE, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN TEXTILE SERVICE, INC.

Borrower Address

111 Raines St

Borrower City

South Hill

Borrower State

VA

Borrower Zip

23970-3319

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700617.50

Current Approval Amount

700617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Hill

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-3319

CD

VA-05

Jobs Reported

47

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

88000.00

Payroll Proceed

525463.00

Mortgage Interest Proceed

87154.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

708771.40

Forgiveness Date

06/11/2021

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