Southern Gear & Machine, Inc.

$1,221,122 PPP Loan in Miami, Florida

Loan Details

Loan Number
1524677100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,221,122
Current Approval
$1,137,000
Forgiveness Amount
$1,149,602
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Gear & Machine, Inc.
Address
3685 NW 106th St
City
Miami
State
Florida
ZIP Code
33147-1030
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$27.2M
Rural/Urban
Urban
Congressional District
FL-26

Loan Use Breakdown

Payroll
$1,137,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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