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 01/29/2021 by The Bank of Ann Arbor reported 42 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

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

A.F. SMITH ELECTRIC INC

Borrower Address

624 S Mansfield St Ste A

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-5188

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1202099.80

Current Approval Amount

1202099.80

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

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1202094.80

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

1211617.80

Forgiveness Date

11/22/2021

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