PPP Loan information for Southern machining & tool, llc

$92,770

Southern machining & tool, llc was initially approved for PPP Loan of amount $92,770, the current approved amount is $92,770. The loan was approved on 04/28/2020 by The Volunteer State Bank reported 12 jobs and $92,770 was used to fund payroll.

Southern machining & tool, llc is New Business or 2 years or less

PPP Loan Search / TN / Portland / Southern machining & tool, llc

SOUTHERN MACHINING & TOOL, LLC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN MACHINING & TOOL, LLC

Borrower Address

1024 Opossum Ln

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-5945

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92770.37

Current Approval Amount

92770.37

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

New Business or 2 years or less

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-5945

CD

TN-06

Jobs Reported

12

NAICS Code

332312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69577.78

Mortgage Interest Proceed

0.00

Rent Proceed

23192.59

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

93424.92

Forgiveness Date

01/11/2021

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