PPP Loan information for Smith electric, inc.

$2,002

Smith electric, inc. was initially approved for PPP Loan of amount $2,002, the current approved amount is $2,002. The loan was approved on 04/15/2020 by The First State Bank reported 2 jobs and $2,002 was used to fund payroll.

Smith electric, inc. is Existing or more than 2 years old

SMITH ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SMITH ELECTRIC, INC.

Borrower Address

8182 E. 92nd Street South

Borrower City

SULLY

Borrower State

IA

Borrower Zip

50251-8543

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2002.00

Current Approval Amount

2002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25209

Servicing Lender Name

First State Bank

Servicing Lender Address

413 East St

Servicing Lender City

LYNNVILLE

Servicing Lender State

IA

Servicing Lender Zip

50153-8553

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SULLY

Project County Name

JASPER

Project State

IA

Project Zip

50251-8543

CD

IA-01

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

200.00

Payroll Proceed

1600.00

Mortgage Interest Proceed

202.00

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

25209

Originating Lender

First State Bank

Originating Lender City

LYNNVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2.01

Forgiveness Date

11/09/2020

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