PPP Loan information for Smith insurance services ltd

$145,000

Smith insurance services ltd was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 04/07/2020 by The Farmers State Bank reported 8 jobs and $145,000 was used to fund payroll.

Smith insurance services ltd is Existing or more than 2 years old

SMITH INSURANCE SERVICES LTD

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SMITH INSURANCE SERVICES LTD

Borrower Address

309 N Main St.

Borrower City

MARCUS

Borrower State

IA

Borrower Zip

51035-7717

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25229

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

106 E Cedar

Servicing Lender City

MARCUS

Servicing Lender State

IA

Servicing Lender Zip

51035

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARCUS

Project County Name

CHEROKEE

Project State

IA

Project Zip

51035-7717

CD

IA-04

Jobs Reported

8

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145000.00

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

Corporation

Originating Lender Location Id

25229

Originating Lender

Farmers State Bank

Originating Lender City

MARCUS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146076.58

Forgiveness Date

01/07/2021

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