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Service Machine & Supply INC

$726,857 PPP Loan in Duson, Louisiana

Loan Details

Loan Number
2849597201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$726,857
Current Approval
$726,857
Forgiveness Amount
$735,009
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Service Machine & Supply INC
Address
1828 Denais Rd
City
Duson
State
Louisiana
ZIP Code
70529
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$598,357
Rent
$36,000
Utilities
$12,500
Health Care
$80,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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