PPP Loan information for Smc ventures

$118,225

Smc ventures was initially approved for PPP Loan of amount $118,225, the current approved amount is $118,225. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 17 jobs and $118,225 was used to fund payroll.

Smc ventures is Existing or more than 2 years old

PPP Loan Search / MN / WOODBURY / Smc ventures

SMC VENTURES

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMC VENTURES

Borrower Address

10767 BENTWATER LANE

Borrower City

WOODBURY

Borrower State

MN

Borrower Zip

55129

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118225.00

Current Approval Amount

118225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBURY

Project County Name

WASHINGTON

Project State

MN

Project Zip

55129-1200

CD

MN-04

Jobs Reported

17

NAICS Code

531210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118225.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119245.30

Forgiveness Date

03/18/2021

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