PPP Loan information for Southmark forest products inc.

$77,400

Southmark forest products inc. was initially approved for PPP Loan of amount $77,400, the current approved amount is $77,400. The loan was approved on 04/13/2020 by The Blue Ridge Bank, National Association reported 6 jobs and $77,400 was used to fund payroll.

Southmark forest products inc. is Existing or more than 2 years old

SOUTHMARK FOREST PRODUCTS INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHMARK FOREST PRODUCTS INC.

Borrower Address

1903-A Ashwood Ct.

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27455-3006

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77400.00

Current Approval Amount

77400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27455-3006

CD

NC-06

Jobs Reported

6

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3334.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7191.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78279.35

Forgiveness Date

06/03/2021

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