PPP Loan information for Terrance a smith distributing inc

$557,700

Terrance a smith distributing inc was initially approved for PPP Loan of amount $557,700, the current approved amount is $557,700. The loan was approved on 04/08/2020 by The STAR Financial Bank reported 52 jobs and $557,700 was used to fund payroll.

Terrance a smith distributing inc is Existing or more than 2 years old

PPP Loan Search / IN / ANDERSON / Terrance a smith distributing inc

TERRANCE A SMITH DISTRIBUTING INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TERRANCE A SMITH DISTRIBUTING INC

Borrower Address

2215 North Madison Avenue

Borrower City

ANDERSON

Borrower State

IN

Borrower Zip

46011-9583

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557700.00

Current Approval Amount

557700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

MADISON

Project State

IN

Project Zip

46011-9583

CD

IN-05

Jobs Reported

52

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13427.00

Payroll Proceed

492800.00

Mortgage Interest Proceed

0.00

Rent Proceed

51473.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

564743.83

Forgiveness Date

07/22/2021

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