PPP Loan information for Smp inc

$157,710

Smp inc was initially approved for PPP Loan of amount $157,710, the current approved amount is $157,710. The loan was approved on 04/28/2020 by The Valley National Bank reported 18 jobs and $157,710 was used to fund payroll.

Smp inc is Existing or more than 2 years old

SMP INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SMP INC

Borrower Address

827 Ridgewood Ave

Borrower City

North Brunswick

Borrower State

NJ

Borrower Zip

08902

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157710.00

Current Approval Amount

157710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1000

CD

NJ-12

Jobs Reported

18

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157710.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159488.62

Forgiveness Date

06/17/2021

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