PPP Loan information for Michael sutton

$20,833

Michael sutton was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/08/2021 by The Southern Bank and Trust Company reported 1 jobs and $20,833 was used to fund payroll.

Michael sutton is Existing or more than 2 years old

MICHAEL SUTTON

Date Approved

04/08/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MICHAEL SUTTON

Borrower Address

557 W Trade Rd

Borrower City

Mount Olive

Borrower State

NC

Borrower Zip

28365-8352

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Olive

Project County Name

DUPLIN

Project State

NC

Project Zip

28365-8352

CD

NC-03

Jobs Reported

1

NAICS Code

111110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.32

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

Sole Proprietorship

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

20909.97

Forgiveness Date

08/20/2021

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