Smith and Sons Construction, Inc.

$200,000 PPP Loan in Phelan, California

Loan Details

Loan Number
2576297710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$200,000
Current Approval
$200,000
Forgiveness Amount
$201,944
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith and Sons Construction, Inc.
Address
9416 Wilson Ranch Rd
City
Phelan
ZIP Code
92371
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
CA-23

Loan Use Breakdown

Payroll
$146,915
Rent
$2,750
Utilities
$1,400
Health Care
$4,375
Debt Interest
$44,560

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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