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Smith Distributing Company

$156,700 PPP Loan in Bad Axe, Michigan

Loan Details

Loan Number
1265727107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$156,700
Current Approval
$156,700
Forgiveness Amount
$157,640
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Distributing Company
Address
1195 E Huron Ave
City
Bad Axe
State
Michigan
ZIP Code
48413-8809
Business Type
Corporation
Industry (NAICS)
Manufacturing (312120)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$156,700

Lender Information

Servicing Lender
Independent Bank
Originating Lender
Independent Bank

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