Southern Medical Equipment Corporation

$179,605 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
9027347003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$179,605
Current Approval
$179,605
Forgiveness Amount
$180,638
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Medical Equipment Corporation
Address
110 3rd Ave SE
State
Alabama
ZIP Code
35055-3525
Business Type
Corporation
Industry (NAICS)
Retail Trade (446199)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$143,685
Rent
$20,000
Utilities
$5,920
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Premier Bank of the South
Originating Lender
Premier Bank of the South

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