# PPP loan: SIFCO MECHANICAL INC
> **$351K** approved 04/09/2020 · Paid in Full · Loan `9827967010`
## Borrower
- **Name:** SIFCO MECHANICAL INC
- **Address:** 40 COMMERCE ST, SUMTER, SC, 29150-5014
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 32
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*