PPP Loan information for David w. smith agency, inc

$50,000

David w. smith agency, inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 5 jobs and $50,000 was used to fund payroll.

David w. smith agency, inc is Existing or more than 2 years old

DAVID W. SMITH AGENCY, INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DAVID W. SMITH AGENCY, INC

Borrower Address

605 E MAIN ST

Borrower City

ANAMOSA

Borrower State

IA

Borrower Zip

52205-1845

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANAMOSA

Project County Name

JONES

Project State

IA

Project Zip

52205-1845

CD

IA-01

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50248.61

Forgiveness Date

10/13/2020

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