PPP Loan information for Smt machine & tool inc.

$310,300

Smt machine & tool inc. was initially approved for PPP Loan of amount $310,300, the current approved amount is $310,300. The loan was approved on 04/10/2020 by The Johnson Bank reported 21 jobs and $310,300 was used to fund payroll.

Smt machine & tool inc. is Existing or more than 2 years old

SMT MACHINE & TOOL INC.

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SMT MACHINE & TOOL INC.

Borrower Address

1325 CORNELL RD

Borrower City

GREEN BAY

Borrower State

WI

Borrower Zip

54313-8922

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310300.00

Current Approval Amount

310300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREEN BAY

Project County Name

BROWN

Project State

WI

Project Zip

54313-8922

CD

WI-08

Jobs Reported

21

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38787.00

Payroll Proceed

232725.00

Mortgage Interest Proceed

38788.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301961.93

Forgiveness Date

11/05/2020

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