PPP Loan information for Smith & sem, ltd

$125,658

Smith & sem, ltd was initially approved for PPP Loan of amount $125,658, the current approved amount is $125,658. The loan was approved on 04/10/2020 by The Farmers State Bank of Underwood reported 9 jobs and $125,658 was used to fund payroll.

Smith & sem, ltd is Existing or more than 2 years old

PPP Loan Search / MN / Fergus Falls / Smith & sem, ltd

SMITH & SEM, LTD

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMITH & SEM, LTD

Borrower Address

2011 College Way Ave

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125658.00

Current Approval Amount

125658.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38959

Servicing Lender Name

Farmers State Bank of Underwood

Servicing Lender Address

110 Main St

Servicing Lender City

UNDERWOOD

Servicing Lender State

MN

Servicing Lender Zip

56586

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-0001

CD

MN-07

Jobs Reported

9

NAICS Code

541213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125658.00

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

38959

Originating Lender

Farmers State Bank of Underwood

Originating Lender City

UNDERWOOD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127054.20

Forgiveness Date

05/26/2021

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