PPP Loan information for Southern development resources, llc

$2,144,492

Southern development resources, llc was initially approved for PPP Loan of amount $2,144,493, the current approved amount is $2,144,492. The loan was approved on 04/12/2020 by The Cadence Bank reported 230 jobs and $2,144,492 was used to fund payroll.

Southern development resources, llc is Existing or more than 2 years old

PPP Loan Search / MS / HATTIESBURG / Southern development resources, llc

SOUTHERN DEVELOPMENT RESOURCES, LLC

Date Approved

04/12/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN DEVELOPMENT RESOURCES, LLC

Borrower Address

3688 VETERANS MEMORIAL DR

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-8230

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2144492.50

Current Approval Amount

2144492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-8230

CD

MS-04

Jobs Reported

230

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2144492.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2168677.10

Forgiveness Date

06/09/2021

;