PPP Loan information for Southside machine works, inc.

$1,759,477

Southside machine works, inc. was initially approved for PPP Loan of amount $1,759,477, the current approved amount is $1,759,477. The loan was approved on 04/07/2020 by The Merchants & Farmers Bank & Trust Company reported 79 jobs and $1,759,477 was used to fund payroll.

Southside machine works, inc. is Existing or more than 2 years old

PPP Loan Search / LA / LAKE CHARLES / Southside machine works, inc.

SOUTHSIDE MACHINE WORKS, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHSIDE MACHINE WORKS, INC.

Borrower Address

500 Leger Road

Borrower City

LAKE CHARLES

Borrower State

LA

Borrower Zip

70607-6934

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1759477.00

Current Approval Amount

1759477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CHARLES

Project County Name

CALCASIEU

Project State

LA

Project Zip

70607-6934

CD

LA-03

Jobs Reported

79

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

439869.00

Payroll Proceed

1319608.00

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

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1770082.74

Forgiveness Date

11/23/2020

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