Smi Employee Stock Ownership Plan
$2,139,577 PPP Loan in Evington, Virginia
Loan Details
- Loan Number
- 1985737108
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,139,577
- Current Approval
- $2,139,577
- Forgiveness Amount
- $2,054,950
- Forgiveness Date
- Nov 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smi Employee Stock Ownership Plan
- Address
- 5120 Ward S Road
- City
- Evington
- State
- Virginia
- ZIP Code
- 24550
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Wholesale Trade (423110)
- Franchise
- Aaron's
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 147
- Estimated Revenue
- $45.0M
- Rural/Urban
- Rural
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $1,711,662
- Utilities
- $213,957
- Mortgage Interest
- $213,958
Lender Information
- Servicing Lender
- The Farmers Bank of Appomattox
- Originating Lender
- The Farmers Bank of Appomattox
Other PPP Loans in Evington, VA
| Business | Approved | |
|---|---|---|
| Smi Employee Stock Ownership Plan & Trust | $1,769,303 | |
| Southern Landscape Group Inc. | $299,606 | |
| Southern Landscape Group, Inc. | $289,766 | |
| Winnbo Electric, LLC | $264,500 | |
| Lynchburg Stained Glass Co, INC | $241,700 |
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