Southern Machine Works, Inc.

$306,400 PPP Loan in Duncan, Oklahoma

Loan Details

Loan Number
5166487001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$306,400
Current Approval
$306,400
Forgiveness Amount
$307,537
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Machine Works, Inc.
Address
907 E Bois D'arc Ave
City
Duncan
ZIP Code
73534
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
OK-04

Loan Use Breakdown

Payroll
$229,875
Rent
$600
Utilities
$13,708
Health Care
$53,529
Debt Interest
$8,688

Lender Information

Servicing Lender
Bancfirst
Originating Lender
Bancfirst

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