PPP Loan information for Southtech machine inc.

$52,400

Southtech machine inc. was initially approved for PPP Loan of amount $52,400, the current approved amount is $52,400. The loan was approved on 01/28/2021 by The First-Citizens Bank & Trust Company reported 4 jobs and $52,400 was used to fund payroll.

Southtech machine inc. is Existing or more than 2 years old

PPP Loan Search / SC / Sumter / Southtech machine inc.

SOUTHTECH MACHINE INC.

Date Approved

01/28/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SOUTHTECH MACHINE INC.

Borrower Address

2515 Tahoe Dr

Borrower City

Sumter

Borrower State

SC

Borrower Zip

29150-1861

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52400.00

Current Approval Amount

52400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumter

Project County Name

SUMTER

Project State

SC

Project Zip

29150-1861

CD

SC-05

Jobs Reported

4

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52397.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52845.04

Forgiveness Date

12/09/2021

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