PPP Loan information for Smith southern equipment inc

$1,522,500

Smith southern equipment inc was initially approved for PPP Loan of amount $1,522,500, the current approved amount is $1,522,500. The loan was approved on 04/11/2020 by The Amarillo National Bank reported 107 jobs and $1,522,500 was used to fund payroll.

Smith southern equipment inc is Existing or more than 2 years old

PPP Loan Search / TX / LUBBOCK / Smith southern equipment inc

SMITH SOUTHERN EQUIPMENT INC

Date Approved

04/11/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

SMITH SOUTHERN EQUIPMENT INC

Borrower Address

6113 87TH ST

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79424-5507

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1522500.00

Current Approval Amount

1522500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68966

Servicing Lender Name

Amarillo National Bank

Servicing Lender Address

410 S Taylor St

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79101-1555

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79424-5507

CD

TX-19

Jobs Reported

107

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1522500.00

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

68966

Originating Lender

Amarillo National Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1531635.00

Forgiveness Date

11/17/2020

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