PPP Loan information for Southern hospitality

$82,500

Southern hospitality was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 01/25/2021 by The Peoples Bank of Alabama reported 27 jobs and $82,500 was used to fund payroll.

Southern hospitality is Existing or more than 2 years old

SOUTHERN HOSPITALITY

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN HOSPITALITY

Borrower Address

103B Spenryn Dr Ste 102

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-1891

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Office Pride

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-1891

CD

AL-05

Jobs Reported

27

NAICS Code

561720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82498.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82875.83

Forgiveness Date

07/12/2021

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