PPP Loan information for Smc business solutions

$17,500

Smc business solutions was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 02/06/2021 by The Luso-American CU reported 4 jobs and $17,500 was used to fund payroll.

Smc business solutions is Existing or more than 2 years old

SMC BUSINESS SOLUTIONS

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SMC BUSINESS SOLUTIONS

Borrower Address

10 Union St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-4432

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98398

Servicing Lender Name

Luso-American CU

Servicing Lender Address

37 Tremont St

Servicing Lender City

PEABODY

Servicing Lender State

MA

Servicing Lender Zip

01960-4429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-4432

CD

MA-06

Jobs Reported

4

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

17498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

98398

Originating Lender

Luso-American CU

Originating Lender City

PEABODY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17596.74

Forgiveness Date

08/27/2021

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