PPP Loan information for Southern hospitality

$147,700

Southern hospitality was initially approved for PPP Loan of amount $147,700, the current approved amount is $147,700. The loan was approved on 04/14/2020 by The Peoples Bank of Alabama reported 42 jobs and $147,700 was used to fund payroll.

Southern hospitality is Existing or more than 2 years old

SOUTHERN HOSPITALITY

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN HOSPITALITY

Borrower Address

103B Spenryn Drive Suite 102

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758-1891

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147700.00

Current Approval Amount

147700.00

Undisbursed Amount

0.00

Franchise Name

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

42

NAICS Code

561720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2800.00

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

149156.49

Forgiveness Date

04/08/2021

;