PPP Loan information for Smith import motor supply inc

$40,345

Smith import motor supply inc was initially approved for PPP Loan of amount $40,345, the current approved amount is $40,345. The loan was approved on 02/09/2021 by The First Minnetonka City Bank reported 5 jobs and $40,345 was used to fund payroll.

Smith import motor supply inc is Existing or more than 2 years old

PPP Loan Search / MN / Hopkins / Smith import motor supply inc

SMITH IMPORT MOTOR SUPPLY INC

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SMITH IMPORT MOTOR SUPPLY INC

Borrower Address

2011 Mainstreet

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55343-7452

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40344.73

Current Approval Amount

40344.73

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7452

CD

MN-03

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40342.73

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

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40610.33

Forgiveness Date

10/06/2021

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