Te. Smith & Son, INC

$365,800 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
1561227202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$365,800
Current Approval
$365,800
Forgiveness Amount
$369,037
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Te. Smith & Son, INC
Address
2043 Northwood Drive
ZIP Code
21801
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$350,690
Rent
$6,000
Utilities
$4,000
Health Care
$5,110

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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