PPP Loan information for Southlake machine corporation

$54,600

Southlake machine corporation was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 04/08/2020 by The DeMotte State Bank reported 5 jobs and $54,600 was used to fund payroll.

Southlake machine corporation is Existing or more than 2 years old

PPP Loan Search / IN / MOROCCO / Southlake machine corporation

SOUTHLAKE MACHINE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTHLAKE MACHINE CORPORATION

Borrower Address

112 N POLK ST PO BOX 487

Borrower City

MOROCCO

Borrower State

IN

Borrower Zip

47963-8297

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOROCCO

Project County Name

NEWTON

Project State

IN

Project Zip

47963-8297

CD

IN-04

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54600.00

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

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55030.82

Forgiveness Date

02/01/2021

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