Southeastern Business Machines, INC

$819,526 PPP Loan in Baxley, Georgia

Loan Details

Loan Number
8171697003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$819,526
Current Approval
$819,526
Forgiveness Amount
$825,081
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southeastern Business Machines, INC
Address
Po Box 780
City
Baxley
State
Georgia
ZIP Code
31515
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
GA-01

Loan Use Breakdown

Payroll
$655,621
Rent
$23,905
Utilities
$100,000
Mortgage Interest
$40,000

Lender Information

Servicing Lender
First National Bank of Coffee County
Originating Lender
First National Bank of Coffee County

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