PPP Loan information for Southern automatic machinery company inc

$138,700

Southern automatic machinery company inc was initially approved for PPP Loan of amount $138,700, the current approved amount is $138,700. The loan was approved on 06/24/2020 by The Celtic Bank Corporation reported 15 jobs and $138,700 was used to fund payroll.

Southern automatic machinery company inc is Existing or more than 2 years old

SOUTHERN AUTOMATIC MACHINERY COMPANY INC

Date Approved

06/24/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN AUTOMATIC MACHINERY COMPANY INC

Borrower Address

133 North 85 Parkway

Borrower City

Fayetteville

Borrower State

GA

Borrower Zip

30214-4074

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138700.00

Current Approval Amount

138700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

FAYETTE

Project State

GA

Project Zip

30214-4074

CD

GA-13

Jobs Reported

15

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138700.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140258.00

Forgiveness Date

08/11/2021

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