PPP Loan information for Southtecaviation llc

$112,500

Southtecaviation llc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/14/2020 by The Farmers & Merchants Bank reported 9 jobs and $112,500 was used to fund payroll.

Southtecaviation llc is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / Southtecaviation llc

SOUTHTECAVIATION LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHTECAVIATION LLC

Borrower Address

108 SLEEPY COVE TRL

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-9413

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-9413

CD

NC-10

Jobs Reported

9

NAICS Code

488119

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113268.75

Forgiveness Date

12/30/2020

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