PPP Loan information for Southern machine works, inc.

$306,400

Southern machine works, inc. was initially approved for PPP Loan of amount $306,400, the current approved amount is $306,400. The loan was approved on 04/05/2020 by The BancFirst reported 26 jobs and $306,400 was used to fund payroll.

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

PPP Loan Search / OK / DUNCAN / Southern machine works, inc.

SOUTHERN MACHINE WORKS, INC.

Date Approved

04/05/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOUTHERN MACHINE WORKS, INC.

Borrower Address

907 E Bois D'Arc Ave

Borrower City

DUNCAN

Borrower State

OK

Borrower Zip

73534

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306400.00

Current Approval Amount

306400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112722

Servicing Lender Name

BancFirst

Servicing Lender Address

100 N Broadway Ave, Ste 1000

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73102-8405

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNCAN

Project County Name

STEPHENS

Project State

OK

Project Zip

73534-0001

CD

OK-04

Jobs Reported

26

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13708.00

Payroll Proceed

229875.00

Mortgage Interest Proceed

0.00

Rent Proceed

600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53529.00

Debt Interest Proceed

8688

Business Type

Corporation

Originating Lender Location Id

112722

Originating Lender

BancFirst

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307537.02

Forgiveness Date

02/10/2021

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