PPP Loan information for Smith woodturning inc

$41,100

Smith woodturning inc was initially approved for PPP Loan of amount $41,100, the current approved amount is $41,100. The loan was approved on 04/28/2020 by The Peoples Bank reported 7 jobs and $41,100 was used to fund payroll.

Smith woodturning inc is Existing or more than 2 years old

PPP Loan Search / NC / NEWTON / Smith woodturning inc

SMITH WOODTURNING INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SMITH WOODTURNING INC

Borrower Address

2427 CLAREMONT RD

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41100.00

Current Approval Amount

41100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-0001

CD

NC-10

Jobs Reported

7

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41100.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41544.11

Forgiveness Date

06/01/2021

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