PPP Loan information for Smith furniture co. of ypsi

$225,400

Smith furniture co. of ypsi was initially approved for PPP Loan of amount $225,400, the current approved amount is $225,400. The loan was approved on 04/28/2020 by The First Merchants Bank reported 26 jobs and $225,400 was used to fund payroll.

Smith furniture co. of ypsi is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Smith furniture co. of ypsi

SMITH FURNITURE CO. OF YPSI

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SMITH FURNITURE CO. OF YPSI

Borrower Address

3900 South State St

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48108-1661

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225400.00

Current Approval Amount

225400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48108-1661

CD

MI-06

Jobs Reported

26

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225400.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226715.35

Forgiveness Date

12/02/2020

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