PPP Loan information for Smith industrial service, inc.

$3,231,700

Smith industrial service, inc. was initially approved for PPP Loan of amount $3,231,700, the current approved amount is $3,231,700. The loan was approved on 04/07/2020 by The Hancock Whitney Bank reported 156 jobs and $3,231,700 was used to fund payroll.

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

PPP Loan Search / AL / MOBILE / Smith industrial service, inc.

SMITH INDUSTRIAL SERVICE, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SMITH INDUSTRIAL SERVICE, INC.

Borrower Address

2001 W. I65 SERVICE RD N

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36618-1112

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3231700.00

Current Approval Amount

3231700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36618-1112

CD

AL-01

Jobs Reported

156

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20300.00

Payroll Proceed

3093800.00

Mortgage Interest Proceed

0.00

Rent Proceed

53200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17500.00

Debt Interest Proceed

46900

Business Type

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3271737.17

Forgiveness Date

06/30/2021

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