PPP Loan information for Smd business solutions inc.

$20,237

Smd business solutions inc. was initially approved for PPP Loan of amount $20,237, the current approved amount is $20,237. The loan was approved on 04/23/2021 by The Bank of America, National Association reported 2 jobs and $20,237 was used to fund payroll.

Smd business solutions inc. is Existing or more than 2 years old

PPP Loan Search / IL / Hoffman Estates / Smd business solutions inc.

SMD BUSINESS SOLUTIONS INC.

Date Approved

04/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SMD BUSINESS SOLUTIONS INC.

Borrower Address

645 Jamison Ln

Borrower City

Hoffman Estates

Borrower State

IL

Borrower Zip

60169-4128

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20237.00

Current Approval Amount

20237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoffman Estates

Project County Name

COOK

Project State

IL

Project Zip

60169-4128

CD

IL-08

Jobs Reported

2

NAICS Code

488510

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20235.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20341.23

Forgiveness Date

11/10/2021

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