PPP Loan information for Smr management, inc.

$313,555

Smr management, inc. was initially approved for PPP Loan of amount $313,555, the current approved amount is $313,555. The loan was approved on 04/11/2020 by The Frandsen Bank & Trust reported 48 jobs and $313,555 was used to fund payroll.

Smr management, inc. is Change of Ownership

SMR MANAGEMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMR MANAGEMENT, INC.

Borrower Address

201 North Broad Street, Suite 109

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3521

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313555.00

Current Approval Amount

313555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3521

CD

MN-01

Jobs Reported

48

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31355.00

Payroll Proceed

235167.00

Mortgage Interest Proceed

47033.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315238.75

Forgiveness Date

11/03/2020

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