PPP Loan information for Sm ventures inc

$59,663

Sm ventures inc was initially approved for PPP Loan of amount $59,663, the current approved amount is $59,663. The loan was approved on 02/04/2021 by The Shore United Bank, National Association reported 10 jobs and $59,663 was used to fund payroll.

Sm ventures inc is Existing or more than 2 years old

SM VENTURES INC

Date Approved

02/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SM VENTURES INC

Borrower Address

7 Bay St

Borrower City

Easton

Borrower State

MD

Borrower Zip

21601-2701

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59662.50

Current Approval Amount

59662.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Easton

Project County Name

TALBOT

Project State

MD

Project Zip

21601-2701

CD

MD-01

Jobs Reported

10

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59662.50

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

Subchapter S Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60087.49

Forgiveness Date

10/25/2021

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