Source Substrates, LLC

$736,000 PPP Loan in Hanahan, South Carolina

Loan Details

Loan Number
5500187001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$736,000
Current Approval
$736,000
Forgiveness Amount
$741,888
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Source Substrates, LLC
Address
917 Commerce Circle
ZIP Code
29410-3001
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424310)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.5M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$624,600
Rent
$68,700
Utilities
$17,000
Debt Interest
$25,700

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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