Southside Machine Works, Inc.

$1,759,477 PPP Loan in Lake Charles, Louisiana

Loan Details

Loan Number
7368307001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,759,477
Current Approval
$1,759,477
Forgiveness Amount
$1,770,083
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southside Machine Works, Inc.
Address
500 Leger Road
ZIP Code
70607-6934
Business Type
Corporation
Industry (NAICS)
Construction (238390)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,319,608
Utilities
$439,869

Lender Information

Servicing Lender
Merchants & Farmers Bank & Trust Company
Originating Lender
Merchants & Farmers Bank & Trust Company

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