PPP Loan information for Smith marine inc.

$232,337

Smith marine inc. was initially approved for PPP Loan of amount $232,337, the current approved amount is $232,337. The loan was approved on 01/25/2021 by The Salem Five Cents Savings Bank reported 14 jobs and $232,337 was used to fund payroll.

Smith marine inc. is Existing or more than 2 years old

SMITH MARINE INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SMITH MARINE INC.

Borrower Address

8 Foss Ter

Borrower City

Marblehead

Borrower State

MA

Borrower Zip

01945-2509

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232337.00

Current Approval Amount

232337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marblehead

Project County Name

ESSEX

Project State

MA

Project Zip

01945-2509

CD

MA-06

Jobs Reported

14

NAICS Code

488310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232337.00

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

Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233750.38

Forgiveness Date

09/07/2021

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