PPP Loan information for Smith tire and tread, inc

$90,600

Smith tire and tread, inc was initially approved for PPP Loan of amount $90,600, the current approved amount is $90,600. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 8 jobs and $90,600 was used to fund payroll.

Smith tire and tread, inc is Existing or more than 2 years old

PPP Loan Search / ND / WAHPETON / Smith tire and tread, inc

SMITH TIRE AND TREAD, INC

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SMITH TIRE AND TREAD, INC

Borrower Address

1004 4th Ave S

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-4600

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90600.00

Current Approval Amount

90600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-4600

CD

ND-

Jobs Reported

8

NAICS Code

423130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21525.00

Payroll Proceed

69075.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91108.37

Forgiveness Date

11/05/2020

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