PPP Loan information for Smith motor company inc

$641,392

Smith motor company inc was initially approved for PPP Loan of amount $641,392, the current approved amount is $641,392. The loan was approved on 04/14/2020 by The First Hope Bank, A National Banking Association reported 43 jobs and $641,392 was used to fund payroll.

Smith motor company inc is Existing or more than 2 years old

PPP Loan Search / NJ / Washington / Smith motor company inc

SMITH MOTOR COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SMITH MOTOR COMPANY INC

Borrower Address

359 Route 31 S

Borrower City

Washington

Borrower State

NJ

Borrower Zip

07882

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

641392.00

Current Approval Amount

641392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WARREN

Project State

NJ

Project Zip

07882-0001

CD

NJ-07

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64039.00

Payroll Proceed

513314.00

Mortgage Interest Proceed

64039.00

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

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

647431.77

Forgiveness Date

03/31/2021

;