Southern Veranda, INC

$21,000 PPP Loan in Fairhope, Alabama

Loan Details

Loan Number
6273857005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$21,000
Current Approval
$21,000
Forgiveness Amount
$21,253
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Veranda, INC
Address
105 N. Bancroft St
State
Alabama
ZIP Code
36532-2401
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453110)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$16,000
Rent
$3,000
Utilities
$1,000
Debt Interest
$1,000

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Merchants & Marine Bank

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