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Smi & Hydraulics INC

$324,342 PPP Loan in Porter, Minnesota

Loan Details

Loan Number
2369228410
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$324,342
Current Approval
$324,342
Forgiveness Amount
$327,292
Forgiveness Date
Jan 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Smi & Hydraulics INC
Address
401 Lone Tree St
City
Porter
State
Minnesota
ZIP Code
56280-9787
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$324,336
Utilities
$1

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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