PPP Loan information for Southgate process equipment inc

$139,666

Southgate process equipment inc was initially approved for PPP Loan of amount $139,700, the current approved amount is $139,666. The loan was approved on 04/13/2020 by The Truist Bank reported 8 jobs and $139,666 was used to fund payroll.

Southgate process equipment inc is Existing or more than 2 years old

SOUTHGATE PROCESS EQUIPMENT INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHGATE PROCESS EQUIPMENT INC

Borrower Address

87 HICKORY SPRINGS IND DR

Borrower City

CANTON

Borrower State

GA

Borrower Zip

30115-7933

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139700.00

Current Approval Amount

139665.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

CHEROKEE

Project State

GA

Project Zip

30115-7933

CD

GA-11

Jobs Reported

8

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139665.56

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141019.54

Forgiveness Date

04/06/2021

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