PPP Loan information for Smoot enterprises

$377,300

Smoot enterprises was initially approved for PPP Loan of amount $377,300, the current approved amount is $377,300. The loan was approved on 02/17/2021 by The Cache Valley Bank reported 25 jobs and $377,300 was used to fund payroll.

Smoot enterprises is Existing or more than 2 years old

SMOOT ENTERPRISES

Date Approved

02/17/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

SMOOT ENTERPRISES

Borrower Address

1995 N 2800 W

Borrower City

Brigham City

Borrower State

UT

Borrower Zip

84302-4008

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

377300.00

Current Approval Amount

377300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brigham City

Project County Name

BOX ELDER

Project State

UT

Project Zip

84302-4008

CD

UT-01

Jobs Reported

25

NAICS Code

488510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

377298.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

355811.22

Forgiveness Date

03/11/2022

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