PPP Loan information for Smith insurance and financial service inc

$109,100

Smith insurance and financial service inc was initially approved for PPP Loan of amount $109,100, the current approved amount is $109,100. The loan was approved on 04/14/2020 by The Customers Bank reported 21 jobs and $109,100 was used to fund payroll.

Smith insurance and financial service inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Smith insurance and financial service inc

SMITH INSURANCE AND FINANCIAL SERVICE INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SMITH INSURANCE AND FINANCIAL SERVICE INC

Borrower Address

4167 East 14 Mile Road

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109100.00

Current Approval Amount

109100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-0899

CD

MI-10

Jobs Reported

21

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109100.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110259.75

Forgiveness Date

05/25/2021

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