PPP Loan information for Smd insurance agency, inc.

$63,600

Smd insurance agency, inc. was initially approved for PPP Loan of amount $63,600, the current approved amount is $63,600. The loan was approved on 04/09/2020 by The Firstrust Savings Bank reported 7 jobs and $63,600 was used to fund payroll.

Smd insurance agency, inc. is New Business or 2 years or less

PPP Loan Search / MD / MECHANICSVILLE / Smd insurance agency, inc.

SMD INSURANCE AGENCY, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SMD INSURANCE AGENCY, INC.

Borrower Address

28290 THREE NOTCH RD

Borrower City

MECHANICSVILLE

Borrower State

MD

Borrower Zip

20659-3234

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63600.00

Current Approval Amount

63600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80997

Servicing Lender Name

Firstrust Savings Bank

Servicing Lender Address

15 E Ridge Pike

Servicing Lender City

CONSHOHOCKEN

Servicing Lender State

PA

Servicing Lender Zip

19428-2139

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MECHANICSVILLE

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20659-3234

CD

MD-05

Jobs Reported

7

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63600.00

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

80997

Originating Lender

Firstrust Savings Bank

Originating Lender City

CONSHOHOCKEN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64163.57

Forgiveness Date

03/15/2021

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