PPP Loan information for Southern way inc.

$942,158

Southern way inc. was initially approved for PPP Loan of amount $942,158, the current approved amount is $942,158. The loan was approved on 01/22/2021 by The Loan Source Incorporated reported 178 jobs and $942,158 was used to fund payroll.

Southern way inc. is Existing or more than 2 years old

SOUTHERN WAY INC.

Date Approved

01/22/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SOUTHERN WAY INC.

Borrower Address

100 E Exchange Blvd

Borrower City

Columbia

Borrower State

SC

Borrower Zip

29209-2100

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

942158.00

Current Approval Amount

942158.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

RICHLAND

Project State

SC

Project Zip

29209-2100

CD

SC-02

Jobs Reported

178

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

942154.00

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

124102

Originating Lender

First Reliance Bank

Originating Lender City

FLORENCE

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

954393.15

Forgiveness Date

05/26/2022

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