PPP Loan information for Smw engineering group, inc

$1,581,600

Smw engineering group, inc was initially approved for PPP Loan of amount $1,581,600, the current approved amount is $1,581,600. The loan was approved on 04/15/2020 by The Regions Bank reported 140 jobs and $1,581,600 was used to fund payroll.

Smw engineering group, inc is Existing or more than 2 years old

SMW ENGINEERING GROUP, INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SMW ENGINEERING GROUP, INC

Borrower Address

158 BUSINESS CENTER DR,

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35244-2018

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1581600.00

Current Approval Amount

1581600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35244-2018

CD

AL-06

Jobs Reported

140

NAICS Code

541330

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1581600.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1589919.65

Forgiveness Date

11/13/2020

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