PPP Loan information for Smi sign systems, inc.

$627,157

Smi sign systems, inc. was initially approved for PPP Loan of amount $627,157, the current approved amount is $627,157. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 47 jobs and $627,157 was used to fund payroll.

Smi sign systems, inc. is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Smi sign systems, inc.

SMI SIGN SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SMI SIGN SYSTEMS, INC.

Borrower Address

3903 Cornell Place

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21703-7833

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627157.00

Current Approval Amount

627157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-7833

CD

MD-06

Jobs Reported

47

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15824.62

Payroll Proceed

595823.66

Mortgage Interest Proceed

15508.72

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

633119.29

Forgiveness Date

03/31/2021

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