7 SOUTH, LLC (AL) - 2020 PPP Loan Borrower Profile (# 4548627105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7 SOUTH, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

4548627105

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$26,634

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$26,893.68

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

21,234

Rent Proceed

3,400

Debt Interest Proceed

1,000

Lender

The First Bank

Business Detail

Business Type

Corporation

NAICS

448120

Borrower Location

FAIRHOPE, AL

Project Location

FAIRHOPE, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.