PPP Loan information for Smc recycling, inc

$1,000,800

Smc recycling, inc was initially approved for PPP Loan of amount $1,000,800, the current approved amount is $1,000,800. The loan was approved on 01/15/2021 by The Planters Bank & Trust Company reported 95 jobs and $1,000,800 was used to fund payroll.

Smc recycling, inc is Existing or more than 2 years old

PPP Loan Search / TN / Selmer / Smc recycling, inc

SMC RECYCLING, INC

Date Approved

01/15/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SMC RECYCLING, INC

Borrower Address

117 Texaco Dr

Borrower City

Selmer

Borrower State

TN

Borrower Zip

38375-3271

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1000800.00

Current Approval Amount

1000800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Selmer

Project County Name

MCNAIRY

Project State

TN

Project Zip

38375-3271

CD

TN-08

Jobs Reported

95

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1000798.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1006393.51

Forgiveness Date

08/16/2021

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