Southern Foodservice Management, Inc.

$6,658,600 PPP Loan in Mountain Brk, Alabama

Loan Details

Loan Number
5128587006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$6,658,600
Current Approval
$7,265,205
Forgiveness Amount
$7,351,984
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Foodservice Management, Inc.
Address
431 Office Park Dr 1st Floor
State
Alabama
ZIP Code
35223-2411
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$5,448,904
Utilities
$908,151
Mortgage Interest
$908,151

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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