Southern States Imports INC
$1,087,900 PPP Loan in Raleigh, North Carolina
Loan Details
- Loan Number
- 7444007008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,087,900
- Current Approval
- $1,087,900
- Forgiveness Amount
- $1,102,526
- Forgiveness Date
- Aug 23, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern States Imports INC
- Address
- 2511 Wake Forest Rd
- City
- Raleigh
- State
- North Carolina
- ZIP Code
- 27609-7835
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 99
- Estimated Revenue
- $24.9M
- Rural/Urban
- Urban
- Congressional District
- NC-02
Loan Use Breakdown
- Payroll
- $907,900
- Rent
- $90,000
- Utilities
- $40,000
- Health Care
- $50,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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