PPP Loan information for Smith industries llc

$2,000,000

Smith industries llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The Prosperity Bank reported 80 jobs and $2,000,000 was used to fund payroll.

Smith industries llc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Smith industries llc

SMITH INDUSTRIES LLC

Date Approved

02/12/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

SMITH INDUSTRIES LLC

Borrower Address

3601 E State Highway 158

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-4229

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-4229

CD

TX-11

Jobs Reported

80

NAICS Code

332420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014055.56

Forgiveness Date

11/05/2021

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