PPP Loan information for Southern asphalt inc

$2,000,000

Southern asphalt inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The Anderson Brothers Bank reported 230 jobs and $2,000,000 was used to fund payroll.

Southern asphalt inc is Existing or more than 2 years old

PPP Loan Search / SC / Conway / Southern asphalt inc

SOUTHERN ASPHALT INC

Date Approved

03/18/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SOUTHERN ASPHALT INC

Borrower Address

3370 Mount Pisgah Cemetery Rd

Borrower City

Conway

Borrower State

SC

Borrower Zip

29526-5357

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66230

Servicing Lender Name

Anderson Brothers Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

MULLINS

Servicing Lender State

SC

Servicing Lender Zip

29574-2727

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Conway

Project County Name

HORRY

Project State

SC

Project Zip

29526-5357

CD

SC-07

Jobs Reported

230

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

66230

Originating Lender

Anderson Brothers Bank

Originating Lender City

MULLINS

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008876.71

Forgiveness Date

09/01/2021

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