Southern Nut and Tree Equipment INC

$252,500 PPP Loan in Goldthwaite, Texas

Loan Details

Loan Number
4618137009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$252,500
Current Approval
$252,500
Forgiveness Amount
$254,181
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Nut and Tree Equipment INC
Address
324 Hwy 16 S
State
Texas
ZIP Code
76844
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$12.0M
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$245,000
Utilities
$3,000
Health Care
$2,500
Debt Interest
$2,000

Lender Information

Servicing Lender
Mcbank
Originating Lender
Mcbank

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