PPP Loan information for Smitherman brothers construction company

$50,811

Smitherman brothers construction company was initially approved for PPP Loan of amount $50,811, the current approved amount is $50,811. The loan was approved on 04/07/2020 by The Marion Bank and Trust Company reported 8 jobs and $50,811 was used to fund payroll.

Smitherman brothers construction company is Existing or more than 2 years old

SMITHERMAN BROTHERS CONSTRUCTION COMPANY

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SMITHERMAN BROTHERS CONSTRUCTION COMPANY

Borrower Address

110 CECIL JACKSON BYP

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36703-9211

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50810.57

Current Approval Amount

50810.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36703-9211

CD

AL-07

Jobs Reported

8

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10162.11

Payroll Proceed

40648.46

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51014.43

Forgiveness Date

02/10/2021

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