Specialty Machine Works Inc.

12511 Glascock Drive, Gulfport, MS 39503 · Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.0M

Jobs Supported

60

Years Active

2023–2023

Loan History (2)

Source: SBA FOIA
7(a)$2,819,200
Exempt
Approved
Feb 27, 2023 (FY2023)
SBA Guaranteed
$2,114,400 (75%)
Term
300 months (25.0 yrs)
Interest Rate
10.00%
Revolver
0
Jobs Supported
30
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Lender

Peoples Bank

160 E Maud Ave, Mendenhall, MS 39114

Project Location

Harrison County, MS

7(a)$200,000
Cancelled
Approved
Mar 13, 2023 (FY2023)
SBA Guaranteed
$100,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
0
Jobs Supported
30
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Lender

Peoples Bank

160 E Maud Ave, Mendenhall, MS 39114

Project Location

Harrison County, MS

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
811310 Commercial and Industrial Machinery and Equipment (except Automotive a
Address
12511 Glascock Drive
Gulfport, MS 39503

Lender

Peoples Bank
160 E Maud Ave, Mendenhall, MS 39114

Other SBA Borrowers in Gulfport

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