PPP Loan information for Smith electric motorworks, llc

$24,458

Smith electric motorworks, llc was initially approved for PPP Loan of amount $24,458, the current approved amount is $24,458. The loan was approved on 04/16/2020 by The Preferred Bank reported 4 jobs and $24,458 was used to fund payroll.

Smith electric motorworks, llc is Existing or more than 2 years old

SMITH ELECTRIC MOTORWORKS, LLC

Date Approved

04/16/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

SMITH ELECTRIC MOTORWORKS, LLC

Borrower Address

10288 HIGHWAY ZZ

Borrower City

MARCELINE

Borrower State

MO

Borrower Zip

64658-7236

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24457.74

Current Approval Amount

24457.74

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41266

Servicing Lender Name

Preferred Bank

Servicing Lender Address

205 Main St

Servicing Lender City

ROTHVILLE

Servicing Lender State

MO

Servicing Lender Zip

64676-9112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARCELINE

Project County Name

CHARITON

Project State

MO

Project Zip

64658-7236

CD

MO-06

Jobs Reported

4

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1189.17

Payroll Proceed

20890.14

Mortgage Interest Proceed

0.00

Rent Proceed

333.32

Refinance EIDL Proceed

0.00

Health Care Proceed

1591.10

Debt Interest Proceed

454.01

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

41266

Originating Lender

Preferred Bank

Originating Lender City

ROTHVILLE

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24584.38

Forgiveness Date

10/23/2020

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