Southern Telecom Inc.

$1,171,762 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
4184077202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,171,762
Current Approval
$1,171,762
Forgiveness Amount
$1,181,787
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Telecom Inc.
Address
5601 1st Ave 2nd Floor
ZIP Code
11220-2517
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$36.8M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$1,082,844
Rent
$44,459
Utilities
$44,459

Lender Information

Servicing Lender
Israel Discount Bank of New York
Originating Lender
Israel Discount Bank of New York

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