PPP Loan information for Southwood corporation

$607,300

Southwood corporation was initially approved for PPP Loan of amount $607,300, the current approved amount is $607,300. The loan was approved on 04/13/2020 by The First Bank reported 56 jobs and $607,300 was used to fund payroll.

Southwood corporation is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Southwood corporation

SOUTHWOOD CORPORATION

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHWOOD CORPORATION

Borrower Address

4700 Westinghouse Blvd

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28273-9635

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607300.00

Current Approval Amount

607300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28273-9635

CD

NC-14

Jobs Reported

56

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

607300.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

621622.16

Forgiveness Date

08/23/2022

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