PPP Loan information for Smith imports motor supply, inc.

$47,000

Smith imports motor supply, inc. was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/06/2020 by The First Minnetonka City Bank reported 4 jobs and $47,000 was used to fund payroll.

Smith imports motor supply, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Smith imports motor supply, inc.

SMITH IMPORTS MOTOR SUPPLY, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMITH IMPORTS MOTOR SUPPLY, INC.

Borrower Address

2011 MAINSTREET

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7452

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

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

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1532.00

Payroll Proceed

37624.00

Mortgage Interest Proceed

0.00

Rent Proceed

5495.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1760.00

Debt Interest Proceed

589

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

43266.36

Forgiveness Date

11/20/2020

;