Submersible Pumps Inc.

$686,400 PPP Loan in Cushing, Oklahoma

Loan Details

Loan Number
4901377006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$686,400
Current Approval
$686,400
Forgiveness Amount
$691,815
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Submersible Pumps Inc.
Address
1800 S Little Ave
ZIP Code
74023-4854
Business Type
Corporation
Industry (NAICS)
Manufacturing (333914)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$17.0M
Rural/Urban
Rural
Congressional District
OK-05

Loan Use Breakdown

Payroll
$549,120
Rent
$34,320
Utilities
$34,320
Mortgage Interest
$68,640

Lender Information

Servicing Lender
Community National Bank & Trust
Originating Lender
Community National Bank & Trust

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