PPP Loan information for Smith boring & parts co. inc.

$35,000

Smith boring & parts co. inc. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 03/05/2021 by The JPMorgan Chase Bank, National Association reported 5 jobs and $35,000 was used to fund payroll.

Smith boring & parts co. inc. is Existing or more than 2 years old

SMITH BORING & PARTS CO. INC.

Date Approved

03/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SMITH BORING & PARTS CO. INC.

Borrower Address

10 Elm St

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07042-3314

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-3314

CD

NJ-10

Jobs Reported

5

NAICS Code

423110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34999.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35280.12

Forgiveness Date

12/28/2021

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