PPP Loan information for Smith-midland corporation

$2,691,700

Smith-midland corporation was initially approved for PPP Loan of amount $2,691,700, the current approved amount is $2,691,700. The loan was approved on 04/11/2020 by The Summit Community Bank, Inc. reported 184 jobs and $2,691,700 was used to fund payroll.

Smith-midland corporation is Existing or more than 2 years old

PPP Loan Search / VA / MIDLAND / Smith-midland corporation

SMITH-MIDLAND CORPORATION

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SMITH-MIDLAND CORPORATION

Borrower Address

5119 CATLETT RD

Borrower City

MIDLAND

Borrower State

VA

Borrower Zip

22728-2113

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2691700.00

Current Approval Amount

2691700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

FAUQUIER

Project State

VA

Project Zip

22728-2113

CD

VA-10

Jobs Reported

184

NAICS Code

533110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38300.00

Payroll Proceed

2153400.00

Mortgage Interest Proceed

500000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2724673.33

Forgiveness Date

07/02/2021

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