PPP Loan information for Smooth-on, inc.

$2,920,500

Smooth-on, inc. was initially approved for PPP Loan of amount $2,920,500, the current approved amount is $2,920,500. The loan was approved on 04/14/2020 by The Truist Bank reported 176 jobs and $2,920,500 was used to fund payroll.

Smooth-on, inc. is Existing or more than 2 years old

SMOOTH-ON, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SMOOTH-ON, INC.

Borrower Address

5600 LOWER MACUNGIE RD

Borrower City

MACUNGIE

Borrower State

PA

Borrower Zip

18062-9030

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2920500.00

Current Approval Amount

2920500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACUNGIE

Project County Name

LEHIGH

Project State

PA

Project Zip

18062-9030

CD

PA-07

Jobs Reported

176

NAICS Code

325212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2920500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2954085.75

Forgiveness Date

06/09/2021

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