PPP Loan information for Smd sales inc.

$712,457

Smd sales inc. was initially approved for PPP Loan of amount $712,457, the current approved amount is $712,457. The loan was approved on 02/04/2021 by The American Business Bank reported 58 jobs and $712,457 was used to fund payroll.

Smd sales inc. is Existing or more than 2 years old

SMD SALES INC.

Date Approved

02/04/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SMD SALES INC.

Borrower Address

1 Oldfield

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92618-2809

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

712457.17

Current Approval Amount

712457.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92618-2809

CD

CA-47

Jobs Reported

58

NAICS Code

423690

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

712454.17

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

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

716282.97

Forgiveness Date

08/25/2021

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