Southern Machinery Repair, INC

$425,600 PPP Loan in Union City, Tennessee

Loan Details

Loan Number
5116627106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$425,600
Current Approval
$425,600
Forgiveness Amount
$427,964
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Machinery Repair, INC
Address
1545 Airport Road Po Box 809
ZIP Code
38281
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Unanswered
Jobs Reported
24
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$425,600

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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