PPP Loan information for Southern machine works inc

$308,507

Southern machine works inc was initially approved for PPP Loan of amount $308,507, the current approved amount is $308,507. The loan was approved on 01/21/2021 by The BancFirst reported 27 jobs and $308,507 was used to fund payroll.

Southern machine works inc is Existing or more than 2 years old

SOUTHERN MACHINE WORKS INC

Date Approved

01/21/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

SOUTHERN MACHINE WORKS INC

Borrower Address

907 E Bois D Arc Ave

Borrower City

Duncan

Borrower State

OK

Borrower Zip

73533-7670

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

308507.00

Current Approval Amount

308507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112722

Servicing Lender Name

BancFirst

Servicing Lender Address

100 N Broadway Ave, Ste 1000

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73102-8405

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duncan

Project County Name

STEPHENS

Project State

OK

Project Zip

73533-7670

CD

OK-04

Jobs Reported

27

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

308503.00

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

112722

Originating Lender

BancFirst

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309783.29

Forgiveness Date

06/23/2021

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