Loans Issued BY BancorpSouth Bank

Loan Amount Company Name Location Lender
$350K-1M CUSTOM CLEANING SOLUTIONS, LLC Birmingham , AL BancorpSouth Bank
$350K-1M EAT HERE INC. Auburn , AL BancorpSouth Bank
$350K-1M EMEALS INC Birmingham , AL BancorpSouth Bank
$350K-1M FULTON LOGGING CO., L.L.C. Fulton , AL BancorpSouth Bank
$350K-1M GALILEE INVESTMENT GROUP INC Birmingham , AL BancorpSouth Bank
$350K-1M GLENN & WRIGHT, INC. Montgomery , AL BancorpSouth Bank
$350K-1M IMMS INDUSTRIAL COATINGS INC Helena , AL BancorpSouth Bank
$350K-1M INTEGRATED BENEFIT SOLUTIONS, INC. Birmingham , AL BancorpSouth Bank
$350K-1M JOHNSON LUMBER COMPANY LLC Albertville , AL BancorpSouth Bank
$350K-1M LIBERTY CONSTRUCTION SERVICES, LLC Birmingham , AL BancorpSouth Bank
$350K-1M MOBILE HEART SPECIALISTS PC Mobile , AL BancorpSouth Bank
$350K-1M MSB, INC. Birmingham , AL BancorpSouth Bank
$350K-1M NELSON GLASS COMPANY INC Birmingham , AL BancorpSouth Bank
$350K-1M NEWMAN'S MEDICAL SERVICES, INCORPORATED Mobile , AL BancorpSouth Bank
$350K-1M NORTHPARK BAPTIST CHURCH Trussville , AL BancorpSouth Bank
$350K-1M OFFICE PRIDE OF NORTH ALABAMA INC Huntsville , AL BancorpSouth Bank
$350K-1M PATRONIS STEEL, INC. Montgomery , AL BancorpSouth Bank
$350K-1M PHARMAPOINT LLC Birmingham , AL BancorpSouth Bank
$350K-1M PMS ENTERPRISES INC Huntsville , AL BancorpSouth Bank
$350K-1M R.G.L.G., INC. Mobile , AL BancorpSouth Bank
$350K-1M RETINA CONSULTANTS OF ALABAMA PC Birmingham , AL BancorpSouth Bank
$350K-1M RIVERCHASE UNITED METHODIST CHURCH Hoover , AL BancorpSouth Bank
$350K-1M SERRA CHEVROLET, INC Birmingham , AL BancorpSouth Bank
$350K-1M SERRA NISSAN-OLDSMOBILE, INC. Birmingham , AL BancorpSouth Bank
$350K-1M SHIPBOARD ELECTRICAL & AIR, INC. Mobile , AL BancorpSouth Bank
$350K-1M SIGNALINK, INC. Madison , AL BancorpSouth Bank
$350K-1M SMART DENTAL HOLDINGS LLC Bessemer , AL BancorpSouth Bank
$350K-1M SOUTHEAST CLINICAL LABORATORIES, LLC Birmingham , AL BancorpSouth Bank
$350K-1M STEPHEN WARD & ASSOCIATES, INC. Madison , AL BancorpSouth Bank
$350K-1M TITLE CASH OF MISSOURI, INC. Huntsville , AL BancorpSouth Bank
$350K-1M TITLE CASH OF TENNESSEE, INC. Huntsville , AL BancorpSouth Bank
$350K-1M TRIPLE N ENTERPRISES INC Thomasville , AL BancorpSouth Bank
$350K-1M Y-TEC KELEX TOYOTETSU ALABAMA, INC Huntsville , AL BancorpSouth Bank
$150K-350K A&B ELECTRIC COMPANY OF MOBILE, INC. Mobile , AL BancorpSouth Bank
$150K-350K ACCURX, LLC Birmingham , AL BancorpSouth Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.