PPP Loan information for Smd sales, inc.

$887,500

Smd sales, inc. was initially approved for PPP Loan of amount $887,500, the current approved amount is $887,500. The loan was approved on 04/09/2020 by The American Business Bank reported 62 jobs and $887,500 was used to fund payroll.

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

SMD SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SMD SALES, INC.

Borrower Address

1 OLDFIELD

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92618-2809

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

887500.00

Current Approval Amount

887500.00

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

62

NAICS Code

423690

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

887500.00

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

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

893335.62

Forgiveness Date

12/17/2020

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