PPP Loan information for Southern machining & tool, llc

$92,728

Southern machining & tool, llc was initially approved for PPP Loan of amount $92,728, the current approved amount is $92,728. The loan was approved on 01/28/2021 by The Volunteer State Bank reported 13 jobs and $92,728 was used to fund payroll.

Southern machining & tool, llc is Existing or more than 2 years old

SOUTHERN MACHINING & TOOL, LLC

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SOUTHERN MACHINING & TOOL, LLC

Borrower Address

1024 Opossum Ln

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-5945

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92727.95

Current Approval Amount

92727.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-5945

CD

TN-06

Jobs Reported

13

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92727.95

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93070.53

Forgiveness Date

06/15/2021

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