Southern Heating and Cooling INC

$343,695 PPP Loan in Scottsboro, Alabama

Loan Details

Loan Number
9616737000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$343,695
Current Approval
$343,695
Forgiveness Amount
$346,091
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Heating and Cooling INC
Address
2413 E Willow Street
State
Alabama
ZIP Code
35768-4123
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$304,556
Rent
$12,900
Utilities
$6,605
Health Care
$9,654
Debt Interest
$9,979

Lender Information

Servicing Lender
First Southern State Bank
Originating Lender
First Southern State Bank

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