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Southern Machining & Tool, LLC

$92,770 PPP Loan in Portland, Tennessee

Loan Details

Loan Number
8550287205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$92,770
Current Approval
$92,770
Forgiveness Amount
$93,425
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Machining & Tool, LLC
Address
1024 Opossum Ln
City
Portland
State
Tennessee
ZIP Code
37148-5945
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
New Business or 2 years or less
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TN-06

Loan Use Breakdown

Payroll
$69,578
Rent
$23,193

Lender Information

Servicing Lender
Volunteer State Bank
Originating Lender
Volunteer State Bank

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