PPP Loan information for Submersible pumps inc.

$686,400

Submersible pumps inc. was initially approved for PPP Loan of amount $686,400, the current approved amount is $686,400. The loan was approved on 04/04/2020 by The Community National Bank & Trust reported 65 jobs and $686,400 was used to fund payroll.

Submersible pumps inc. is Existing or more than 2 years old

SUBMERSIBLE PUMPS INC.

Date Approved

04/04/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SUBMERSIBLE PUMPS INC.

Borrower Address

1800 S LITTLE AVE

Borrower City

CUSHING

Borrower State

OK

Borrower Zip

74023-4854

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686400.00

Current Approval Amount

686400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111871

Servicing Lender Name

Community National Bank & Trust

Servicing Lender Address

14 N Lincoln

Servicing Lender City

CHANUTE

Servicing Lender State

KS

Servicing Lender Zip

66720-1833

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CUSHING

Project County Name

PAYNE

Project State

OK

Project Zip

74023-4854

CD

OK-05

Jobs Reported

65

NAICS Code

333914

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34320.00

Payroll Proceed

549120.00

Mortgage Interest Proceed

68640.00

Rent Proceed

34320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111871

Originating Lender

Community National Bank & Trust

Originating Lender City

CHANUTE

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

691814.93

Forgiveness Date

01/20/2021

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