PPP Loan information for Southern appliance group inc

$173,710

Southern appliance group inc was initially approved for PPP Loan of amount $173,710, the current approved amount is $173,710. The loan was approved on 04/13/2020 by The Truist Bank reported 12 jobs and $173,710 was used to fund payroll.

Southern appliance group inc is Existing or more than 2 years old

PPP Loan Search / NC / CHAPEL HILL / Southern appliance group inc

SOUTHERN APPLIANCE GROUP INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN APPLIANCE GROUP INC

Borrower Address

1201 RALEIGH RD STE J

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27517-4047

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173710.00

Current Approval Amount

173710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27517-4047

CD

NC-04

Jobs Reported

12

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173710.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175562.91

Forgiveness Date

05/18/2021

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