PPP Loan information for Smith excavation, inc.

$891,955

Smith excavation, inc. was initially approved for PPP Loan of amount $891,955, the current approved amount is $891,955. The loan was approved on 04/13/2020 by The First Sentinel Bank reported 72 jobs and $891,955 was used to fund payroll.

Smith excavation, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Pounding Mill / Smith excavation, inc.

SMITH EXCAVATION, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SMITH EXCAVATION, INC.

Borrower Address

457 Simmons Road

Borrower City

Pounding Mill

Borrower State

VA

Borrower Zip

24637-3510

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891955.00

Current Approval Amount

891955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117711

Servicing Lender Name

First Sentinel Bank

Servicing Lender Address

315 Railroad Ave

Servicing Lender City

RICHLANDS

Servicing Lender State

VA

Servicing Lender Zip

24641-2448

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pounding Mill

Project County Name

TAZEWELL

Project State

VA

Project Zip

24637-3510

CD

VA-09

Jobs Reported

72

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

891955.00

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

117711

Originating Lender

First Sentinel Bank

Originating Lender City

RICHLANDS

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

897529.72

Forgiveness Date

12/02/2020

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