PPP Loan information for Surat inc

$71,525

Surat inc was initially approved for PPP Loan of amount $71,525, the current approved amount is $71,525. The loan was approved on 01/26/2021 by The 1st State Bank reported 14 jobs and $71,525 was used to fund payroll.

Surat inc is Existing or more than 2 years old

SURAT INC

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SURAT INC

Borrower Address

2212 Danville Rd SW

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601-4644

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71525.23

Current Approval Amount

71525.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35601-4644

CD

AL-05

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

71519.23

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72397.44

Forgiveness Date

04/14/2022

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