PPP Loan information for Smith trucking inc

$1,662,600

Smith trucking inc was initially approved for PPP Loan of amount $1,662,600, the current approved amount is $1,662,600. The loan was approved on 04/05/2020 by The Merchants Bank, National Association reported 160 jobs and $1,662,600 was used to fund payroll.

Smith trucking inc is Existing or more than 2 years old

PPP Loan Search / MN / WORTHINGTON / Smith trucking inc

SMITH TRUCKING INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMITH TRUCKING INC

Borrower Address

1451 JOOSTEN RD

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-1995

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1662600.00

Current Approval Amount

1662600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1995

CD

MN-01

Jobs Reported

160

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16159.00

Payroll Proceed

814101.00

Mortgage Interest Proceed

0.00

Rent Proceed

832340.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1675300.42

Forgiveness Date

01/19/2021

;