PPP Loan information for Smith precision machining, inc.

$140,100

Smith precision machining, inc. was initially approved for PPP Loan of amount $140,100, the current approved amount is $140,100. The loan was approved on 04/08/2020 by The First National Bank reported 10 jobs and $140,100 was used to fund payroll.

Smith precision machining, inc. is Existing or more than 2 years old

SMITH PRECISION MACHINING, INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SMITH PRECISION MACHINING, INC.

Borrower Address

101 W. Monroe

Borrower City

Paragould

Borrower State

AR

Borrower Zip

72450

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140100.00

Current Approval Amount

140100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paragould

Project County Name

GREENE

Project State

AR

Project Zip

72450-0800

CD

AR-01

Jobs Reported

10

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7005.00

Payroll Proceed

105075.00

Mortgage Interest Proceed

0.00

Rent Proceed

28020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

140936.76

Forgiveness Date

11/23/2020

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