PPP Loan information for S and m transportation, inc

$550,000

S and m transportation, inc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/28/2020 by The First Community Bank of Tennessee reported 52 jobs and $550,000 was used to fund payroll.

S and m transportation, inc is Unanswered

S AND M TRANSPORTATION, INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

S AND M TRANSPORTATION, INC

Borrower Address

245 JACINTOPORT BLVD

Borrower City

SARALAND

Borrower State

AL

Borrower Zip

36571-3306

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SARALAND

Project County Name

MOBILE

Project State

AL

Project Zip

36571-3306

CD

AL-01

Jobs Reported

52

NAICS Code

484121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55000.00

Payroll Proceed

412500.00

Mortgage Interest Proceed

82500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

556187.50

Forgiveness Date

06/11/2021

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