PPP Loan information for Smart motors, inc.

$3,334,600

Smart motors, inc. was initially approved for PPP Loan of amount $3,334,600, the current approved amount is $3,334,600. The loan was approved on 04/05/2020 by The Lake Ridge Bank reported 264 jobs and $3,334,600 was used to fund payroll.

Smart motors, inc. is Existing or more than 2 years old

PPP Loan Search / WI / MADISON / Smart motors, inc.

SMART MOTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SMART MOTORS, INC.

Borrower Address

5901 Odana Road

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53719-1213

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3334600.00

Current Approval Amount

3334600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53719-1213

CD

WI-02

Jobs Reported

264

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3334600.00

Mortgage Interest Proceed

0.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3372788.02

Forgiveness Date

06/08/2021

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