PPP Loan information for Smithco mfg. inc.

$1,423,729

Smithco mfg. inc. was initially approved for PPP Loan of amount $1,423,729, the current approved amount is $1,423,729. The loan was approved on 02/12/2021 by The American State Bank reported 110 jobs and $1,423,729 was used to fund payroll.

Smithco mfg. inc. is Existing or more than 2 years old

SMITHCO MFG. INC.

Date Approved

02/12/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SMITHCO MFG. INC.

Borrower Address

30902 C38

Borrower City

Le Mars

Borrower State

IA

Borrower Zip

51031-9208

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1423729.35

Current Approval Amount

1423729.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Le Mars

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-9208

CD

IA-04

Jobs Reported

110

NAICS Code

336212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1423724.35

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

Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1434222.04

Forgiveness Date

11/16/2021

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