PPP Loan information for Southland electric company inc

$955,967

Southland electric company inc was initially approved for PPP Loan of amount $955,967, the current approved amount is $955,967. The loan was approved on 03/12/2021 by The ServisFirst Bank reported 59 jobs and $955,967 was used to fund payroll.

Southland electric company inc is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / Southland electric company inc

SOUTHLAND ELECTRIC COMPANY INC

Date Approved

03/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHLAND ELECTRIC COMPANY INC

Borrower Address

5640 Clifford Cir Ste B

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35210-5413

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

955967.00

Current Approval Amount

955967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-5413

CD

AL-06

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

955964.00

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

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

961277.93

Forgiveness Date

10/06/2021

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