PPP Loan information for Southern tool & machine co

$98,023

Southern tool & machine co was initially approved for PPP Loan of amount $106,700, the current approved amount is $98,023. The loan was approved on 04/11/2020 by The Truist Bank reported 7 jobs and $98,023 was used to fund payroll.

Southern tool & machine co is Existing or more than 2 years old

PPP Loan Search / FL / POMPANO BEACH / Southern tool & machine co

SOUTHERN TOOL & MACHINE CO

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SOUTHERN TOOL & MACHINE CO

Borrower Address

1480 SW 3RD ST STE 2

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33069-3225

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106700.00

Current Approval Amount

98023.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33069-3225

CD

FL-20

Jobs Reported

7

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98023.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98877.98

Forgiveness Date

03/05/2021

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