PPP Loan information for Smith oil & propane, inc.

$87,500

Smith oil & propane, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/08/2020 by The Commercial Bank reported 8 jobs and $87,500 was used to fund payroll.

Smith oil & propane, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAINT JOHNS / Smith oil & propane, inc.

SMITH OIL & PROPANE, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SMITH OIL & PROPANE, INC.

Borrower Address

401 E RAILROAD ST

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-1618

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-1618

CD

MI-04

Jobs Reported

8

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

75500.00

Mortgage Interest Proceed

4000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88281.51

Forgiveness Date

03/09/2021

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