PPP Loan information for Smc inc.

$432,460

Smc inc. was initially approved for PPP Loan of amount $432,460, the current approved amount is $432,460. The loan was approved on 03/31/2021 by The Truist Bank reported 20 jobs and $432,460 was used to fund payroll.

Smc inc. is Existing or more than 2 years old

SMC INC.

Date Approved

03/31/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

SMC INC.

Borrower Address

3409 Kermit Hwy

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-6426

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432460.00

Current Approval Amount

432460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-6426

CD

TX-11

Jobs Reported

20

NAICS Code

333914

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

432456.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

435979.74

Forgiveness Date

01/21/2022

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