PPP Loan information for Southern machinery repair, inc

$425,600

Southern machinery repair, inc was initially approved for PPP Loan of amount $425,600, the current approved amount is $425,600. The loan was approved on 04/13/2020 by The Simmons Bank reported 24 jobs and $425,600 was used to fund payroll.

Southern machinery repair, inc is Unanswered

PPP Loan Search / TN / UNION CITY / Southern machinery repair, inc

SOUTHERN MACHINERY REPAIR, INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN MACHINERY REPAIR, INC

Borrower Address

1545 Airport Road PO BOX 809

Borrower City

UNION CITY

Borrower State

TN

Borrower Zip

38281

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425600.00

Current Approval Amount

425600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

UNION CITY

Project County Name

OBION

Project State

TN

Project Zip

38281-0001

CD

TN-08

Jobs Reported

24

NAICS Code

811310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

427964.44

Forgiveness Date

11/12/2020

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