PPP Loan information for Smith-phillips lumber company

$639,784

Smith-phillips lumber company was initially approved for PPP Loan of amount $639,784, the current approved amount is $639,784. The loan was approved on 04/14/2020 by The First Horizon Bank reported 54 jobs and $639,784 was used to fund payroll.

Smith-phillips lumber company is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Smith-phillips lumber company

SMITH-PHILLIPS LUMBER COMPANY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SMITH-PHILLIPS LUMBER COMPANY

Borrower Address

603 EAST 17TH ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27105-6171

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639784.00

Current Approval Amount

639784.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-6171

CD

NC-06

Jobs Reported

54

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9500.00

Payroll Proceed

584284.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

6000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

648207.82

Forgiveness Date

08/17/2021

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