PPP Loan information for Te. smith & son, inc

$365,800

Te. smith & son, inc was initially approved for PPP Loan of amount $365,800, the current approved amount is $365,800. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 37 jobs and $365,800 was used to fund payroll.

Te. smith & son, inc is Existing or more than 2 years old

TE. SMITH & SON, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TE. SMITH & SON, INC

Borrower Address

2043 Northwood Drive

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365800.00

Current Approval Amount

365800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-0800

CD

MD-01

Jobs Reported

37

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

350690.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5110.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

369037.08

Forgiveness Date

03/15/2021

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