PPP Loan information for Swmc inc

$28,000

Swmc inc was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/28/2020 by The Benchmark Community Bank reported 7 jobs and $28,000 was used to fund payroll.

Swmc inc is New Business or 2 years or less

SWMC INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SWMC INC

Borrower Address

350 High Street

Borrower City

LA CROSSE

Borrower State

VA

Borrower Zip

23950-2112

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LA CROSSE

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23950-2112

CD

VA-05

Jobs Reported

7

NAICS Code

424130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

21000.00

Mortgage Interest Proceed

3500.00

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28267.73

Forgiveness Date

04/20/2021

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