PPP Loan information for Smith financial group

$81,837

Smith financial group was initially approved for PPP Loan of amount $81,837, the current approved amount is $81,837. The loan was approved on 04/15/2020 by The First Security Bank reported 5 jobs and $81,837 was used to fund payroll.

Smith financial group is Existing or more than 2 years old

SMITH FINANCIAL GROUP

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMITH FINANCIAL GROUP

Borrower Address

3777 40TH AVE NW STE 202

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-3297

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81836.67

Current Approval Amount

81836.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36696

Servicing Lender Name

First Security Bank

Servicing Lender Address

316 Byron Ave N

Servicing Lender City

BYRON

Servicing Lender State

MN

Servicing Lender Zip

55920-1480

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-3297

CD

MN-01

Jobs Reported

5

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1836.67

Payroll Proceed

70000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36696

Originating Lender

First Security Bank

Originating Lender City

BYRON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82361.79

Forgiveness Date

12/14/2020

;