PPP Loan information for Sullivan contracting inc

$525,000

Sullivan contracting inc was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 04/07/2020 by The Cadence Bank reported 50 jobs and $525,000 was used to fund payroll.

Sullivan contracting inc is Existing or more than 2 years old

PPP Loan Search / AL / NORTHPORT / Sullivan contracting inc

SULLIVAN CONTRACTING INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SULLIVAN CONTRACTING INC

Borrower Address

670 5TH ST

Borrower City

NORTHPORT

Borrower State

AL

Borrower Zip

35476-3447

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHPORT

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35476-3447

CD

AL-04

Jobs Reported

50

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

525000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

530614.58

Forgiveness Date

05/27/2021

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