PPP Loan information for Southern heating and cooling inc

$343,695

Southern heating and cooling inc was initially approved for PPP Loan of amount $343,695, the current approved amount is $343,695. The loan was approved on 04/09/2020 by The First Southern State Bank reported 30 jobs and $343,695 was used to fund payroll.

Southern heating and cooling inc is Existing or more than 2 years old

SOUTHERN HEATING AND COOLING INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN HEATING AND COOLING INC

Borrower Address

2413 E Willow Street

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35768-4123

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343694.67

Current Approval Amount

343694.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3284

Servicing Lender Name

First Southern State Bank

Servicing Lender Address

80 Bank St

Servicing Lender City

STEVENSON

Servicing Lender State

AL

Servicing Lender Zip

35772-3782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35768-4123

CD

AL-05

Jobs Reported

30

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6605.00

Payroll Proceed

304556.24

Mortgage Interest Proceed

0.00

Rent Proceed

12900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9653.95

Debt Interest Proceed

9979.48

Business Type

Subchapter S Corporation

Originating Lender Location Id

3284

Originating Lender

First Southern State Bank

Originating Lender City

STEVENSON

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346090.99

Forgiveness Date

12/23/2020

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