PPP Loan information for Stroud industries, inc.

$187,455

Stroud industries, inc. was initially approved for PPP Loan of amount $187,455, the current approved amount is $187,455. The loan was approved on 04/28/2020 by The Cadence Bank reported 15 jobs and $187,455 was used to fund payroll.

Stroud industries, inc. is Existing or more than 2 years old

STROUD INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

STROUD INDUSTRIES, INC.

Borrower Address

427 8TH ST

Borrower City

MACON

Borrower State

GA

Borrower Zip

31201-3503

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187455.00

Current Approval Amount

187455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31201-3503

CD

GA-02

Jobs Reported

15

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

177455.00

Mortgage Interest Proceed

8000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190074.16

Forgiveness Date

09/28/2021

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