PPP Loan information for Southern tool works, llc

$311,100

Southern tool works, llc was initially approved for PPP Loan of amount $311,100, the current approved amount is $311,100. The loan was approved on 04/10/2020 by The Old Second National Bank reported 29 jobs and $311,100 was used to fund payroll.

Southern tool works, llc is Existing or more than 2 years old

PPP Loan Search / SC / BATESBURG / Southern tool works, llc

SOUTHERN TOOL WORKS, LLC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN TOOL WORKS, LLC

Borrower Address

438 W. RAILROAD AVE

Borrower City

BATESBURG

Borrower State

SC

Borrower Zip

29006-2057

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311100.00

Current Approval Amount

311100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATESBURG

Project County Name

LEXINGTON

Project State

SC

Project Zip

29006-2057

CD

SC-02

Jobs Reported

29

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18695.00

Payroll Proceed

254000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38405.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

312828.33

Forgiveness Date

11/03/2020

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