PPP Loan information for Smith's machine & welding co., inc.

$405,600

Smith's machine & welding co., inc. was initially approved for PPP Loan of amount $405,600, the current approved amount is $405,600. The loan was approved on 04/27/2020 by The Bank of Brookhaven reported 37 jobs and $405,600 was used to fund payroll.

Smith's machine & welding co., inc. is Existing or more than 2 years old

PPP Loan Search / MS / BROOKHAVEN / Smith's machine & welding co., inc.

SMITH'S MACHINE & WELDING CO., INC.

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SMITH'S MACHINE & WELDING CO., INC.

Borrower Address

1423 UNION STREET EXT NE

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-4485

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405600.00

Current Approval Amount

405600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124386

Servicing Lender Name

Bank of Brookhaven

Servicing Lender Address

411 Brookway Blvd

Servicing Lender City

BROOKHAVEN

Servicing Lender State

MS

Servicing Lender Zip

39601-3243

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-4485

CD

MS-03

Jobs Reported

37

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

405600.00

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

124386

Originating Lender

Bank of Brookhaven

Originating Lender City

BROOKHAVEN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408743.40

Forgiveness Date

02/03/2021

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