PPP Loan information for The southern democrat, inc.

$45,500

The southern democrat, inc. was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/08/2020 by The Peoples Bank of Alabama reported 8 jobs and $45,500 was used to fund payroll.

The southern democrat, inc. is Existing or more than 2 years old

THE SOUTHERN DEMOCRAT, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE SOUTHERN DEMOCRAT, INC.

Borrower Address

217 3rd Street South

Borrower City

ONEONTA

Borrower State

AL

Borrower Zip

35121-1417

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ONEONTA

Project County Name

BLOUNT

Project State

AL

Project Zip

35121-1417

CD

AL-06

Jobs Reported

8

NAICS Code

511110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

34200.00

Mortgage Interest Proceed

0.00

Rent Proceed

6300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45623.75

Forgiveness Date

08/26/2021

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