PPP Loan information for Suffolk insurance corporation

$323,352

Suffolk insurance corporation was initially approved for PPP Loan of amount $323,352, the current approved amount is $323,352. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 23 jobs and $323,352 was used to fund payroll.

Suffolk insurance corporation is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / Suffolk insurance corporation

SUFFOLK INSURANCE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SUFFOLK INSURANCE CORPORATION

Borrower Address

202 MARKET ST

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-5210

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323352.00

Current Approval Amount

323352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-5210

CD

VA-02

Jobs Reported

23

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323352.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325687.32

Forgiveness Date

01/20/2021

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