PPP Loan information for Smart machine technologies, inc.

$468,500

Smart machine technologies, inc. was initially approved for PPP Loan of amount $468,500, the current approved amount is $468,500. The loan was approved on 04/15/2020 by The Blue Ridge Bank, National Association reported 52 jobs and $468,500 was used to fund payroll.

Smart machine technologies, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Ridgeway / Smart machine technologies, inc.

SMART MACHINE TECHNOLOGIES, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SMART MACHINE TECHNOLOGIES, INC.

Borrower Address

651 Frith Dr

Borrower City

Ridgeway

Borrower State

VA

Borrower Zip

24148

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

468500.00

Current Approval Amount

468500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeway

Project County Name

HENRY

Project State

VA

Project Zip

24148-0001

CD

VA-09

Jobs Reported

52

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22000.00

Payroll Proceed

358500.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38000.00

Debt Interest Proceed

16000

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

421872.47

Forgiveness Date

03/31/2021

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