PPP Loan information for Smith power products

$4,763,100

Smith power products was initially approved for PPP Loan of amount $4,763,100, the current approved amount is $4,763,100. The loan was approved on 04/14/2020 by The Customers Bank reported 369 jobs and $4,763,100 was used to fund payroll.

Smith power products is Existing or more than 2 years old

PPP Loan Search / UT / Salt Lake City / Smith power products

SMITH POWER PRODUCTS

Date Approved

04/14/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SMITH POWER PRODUCTS

Borrower Address

3065 California Avenue

Borrower City

Salt Lake City

Borrower State

UT

Borrower Zip

84104

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4763100.00

Current Approval Amount

4763100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salt Lake City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84104-1000

CD

UT-02

Jobs Reported

369

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4763100.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3349614.26

Forgiveness Date

07/02/2021

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