Southern Tool Works, LLC

$311,100 PPP Loan in Batesburg, South Carolina

Loan Details

Loan Number
1766297107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$311,100
Current Approval
$311,100
Forgiveness Amount
$312,828
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Tool Works, LLC
Address
438 W. Railroad Ave
ZIP Code
29006-2057
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
SC-02

Loan Use Breakdown

Payroll
$254,000
Rent
$38,405
Utilities
$18,695

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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