PPP Loan information for Cu south inc

$445,800

Cu south inc was initially approved for PPP Loan of amount $445,800, the current approved amount is $445,800. The loan was approved on 04/13/2020 by The Carter FCU reported 34 jobs and $445,800 was used to fund payroll.

Cu south inc is Existing or more than 2 years old

CU SOUTH INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CU SOUTH INC

Borrower Address

23210 US Highway 98

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532-6356

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445800.00

Current Approval Amount

445800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97605

Servicing Lender Name

Carter FCU

Servicing Lender Address

133 S Main St

Servicing Lender City

SPRINGHILL

Servicing Lender State

LA

Servicing Lender Zip

71075-3205

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-6356

CD

AL-01

Jobs Reported

34

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445800.00

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

Corporation

Originating Lender Location Id

97605

Originating Lender

Carter FCU

Originating Lender City

SPRINGHILL

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

451491.58

Forgiveness Date

08/03/2021

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