Southern Power Systems, INC

$1,725,000 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
8733987108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,725,000
Current Approval
$1,725,000
Forgiveness Amount
$1,736,835
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Power Systems, INC
Address
8501 Joor Rd
ZIP Code
70818-5604
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$21.3M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$1,725,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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