PPP Loan information for Smith's machine & welding co. inc.

$404,740

Smith's machine & welding co. inc. was initially approved for PPP Loan of amount $404,740, the current approved amount is $404,740. The loan was approved on 03/20/2021 by The Bank of Brookhaven reported 40 jobs and $404,740 was used to fund payroll.

Smith's machine & welding co. inc. is Existing or more than 2 years old

PPP Loan Search / MS / Brookhaven / Smith's machine & welding co. inc.

SMITH'S MACHINE & WELDING CO. INC.

Date Approved

03/20/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SMITH'S MACHINE & WELDING CO. INC.

Borrower Address

1423 Union Street Ext NE

Borrower City

Brookhaven

Borrower State

MS

Borrower Zip

39601-4485

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

404740.00

Current Approval Amount

404740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124386

Servicing Lender Name

Bank of Brookhaven

Servicing Lender Address

411 Brookway Blvd

Servicing Lender City

BROOKHAVEN

Servicing Lender State

MS

Servicing Lender Zip

39601-3243

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookhaven

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-4485

CD

MS-03

Jobs Reported

40

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

404735.00

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

Corporation

Originating Lender Location Id

124386

Originating Lender

Bank of Brookhaven

Originating Lender City

BROOKHAVEN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406550.09

Forgiveness Date

09/01/2021

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