PPP Loan information for A.f. smith electric inc

$1,202,100

A.f. smith electric inc was initially approved for PPP Loan of amount $1,202,100, the current approved amount is $1,202,100. The loan was approved on 04/15/2020 by The Bank of Ann Arbor reported 37 jobs and $1,202,100 was used to fund payroll.

A.f. smith electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Ypsilanti / A.f. smith electric inc

A.F. SMITH ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A.F. SMITH ELECTRIC INC

Borrower Address

624 S Mansfield St

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-5188

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1202100.00

Current Approval Amount

1202100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-5188

CD

MI-06

Jobs Reported

37

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1202100.00

Mortgage Interest Proceed

0.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1215076.09

Forgiveness Date

05/21/2021

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