PPP Loan information for Southern machine & fabrication company inc.

$800,000

Southern machine & fabrication company inc. was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 05/01/2021 by The First Horizon Bank reported 56 jobs and $800,000 was used to fund payroll.

Southern machine & fabrication company inc. is Existing or more than 2 years old

SOUTHERN MACHINE & FABRICATION COMPANY INC.

Date Approved

05/01/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SOUTHERN MACHINE & FABRICATION COMPANY INC.

Borrower Address

18 Commerce Dr

Borrower City

Cartersville

Borrower State

GA

Borrower Zip

30120-2661

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cartersville

Project County Name

BARTOW

Project State

GA

Project Zip

30120-2661

CD

GA-11

Jobs Reported

56

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

800000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

806866.67

Forgiveness Date

03/15/2022

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