PPP Loan information for Southern metal works inc.

$167,335

Southern metal works inc. was initially approved for PPP Loan of amount $167,335, the current approved amount is $167,335. The loan was approved on 04/07/2020 by The Palmetto State Bank reported 17 jobs and $167,335 was used to fund payroll.

Southern metal works inc. is Existing or more than 2 years old

PPP Loan Search / SC / VARNVILLE / Southern metal works inc.

SOUTHERN METAL WORKS INC.

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN METAL WORKS INC.

Borrower Address

770 BROOKWOOD DR

Borrower City

VARNVILLE

Borrower State

SC

Borrower Zip

29944-4418

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167335.00

Current Approval Amount

167335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VARNVILLE

Project County Name

HAMPTON

Project State

SC

Project Zip

29944-4418

CD

SC-06

Jobs Reported

17

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125501.25

Mortgage Interest Proceed

0.00

Rent Proceed

41833.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168618.67

Forgiveness Date

01/25/2021

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