PPP Loan information for Sutton brothers inc

$28,645

Sutton brothers inc was initially approved for PPP Loan of amount $28,645, the current approved amount is $28,645. The loan was approved on 03/16/2021 by The Southern Bank and Trust Company reported 8 jobs and $28,645 was used to fund payroll.

Sutton brothers inc is Existing or more than 2 years old

SUTTON BROTHERS INC

Date Approved

03/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SUTTON BROTHERS INC

Borrower Address

245 Crocus Ln

Borrower City

La Grange

Borrower State

NC

Borrower Zip

28551-9178

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28645.00

Current Approval Amount

28645.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

La Grange

Project County Name

WAYNE

Project State

NC

Project Zip

28551-9178

CD

NC-03

Jobs Reported

8

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28645.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28781.86

Forgiveness Date

09/13/2021

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