Southern Torch INC
$31,100 PPP Loan in Rainsville, Alabama
Loan Details
- Loan Number
- 7464047202
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $31,100
- Current Approval
- $31,100
- Forgiveness Amount
- $31,348
- Forgiveness Date
- Feb 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Torch INC
- Address
- 203 Main Street E
- City
- Rainsville
- State
- Alabama
- ZIP Code
- 35986-4544
- Business Type
- Corporation
- Industry (NAICS)
- Information (511110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $31,100
Lender Information
- Servicing Lender
- Peoples Independent Bank
- Originating Lender
- Peoples Independent Bank
Other PPP Loans in Rainsville, AL
| Business | Approved | |
|---|---|---|
| Independent Health Services Inc. | $422,311 | |
| Waste Processing Equipment Inc. | $403,454 | |
| Waterworks Board of the Town of Section & Dutton | $329,508 | |
| Dekalb Farmers Cooperative, Inc. | $310,200 | |
| Signal Ventures INC | $258,835 |
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