New South INC
$793,400 PPP Loan in Meridian, Mississippi
Loan Details
- Loan Number
- 6135127000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $793,400
- Current Approval
- $793,400
- Forgiveness Amount
- $797,984
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New South INC
- Address
- 1200 N Frontage Rd
- City
- Meridian
- State
- Mississippi
- ZIP Code
- 39301-6149
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- $16.4M
- Rural/Urban
- Rural
- Congressional District
- MS-03
Loan Use Breakdown
- Payroll
- $595,050
- Utilities
- $99,175
- Mortgage Interest
- $99,175
Lender Information
- Servicing Lender
- The Citizens National Bank of Meridian
- Originating Lender
- The Citizens National Bank of Meridian
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|---|---|---|
| East Mississippi Electric Power Association | $2,761,500 |  Research |
| Hotel & Restaurant Supply | $2,680,300 | Research |
| Structural Steel Services, INC | $2,536,880 | Research |
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| A&b Electric Co. Inc. | $1,556,440 | Research |
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