Smith-Midland Corporation

$2,691,700 PPP Loan in Midland, Virginia

Loan Details

Loan Number
2877657105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,691,700
Current Approval
$2,691,700
Forgiveness Amount
$2,724,673
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith-Midland Corporation
Address
5119 Catlett Rd
ZIP Code
22728-2113
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (533110)
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
VA-10

Loan Use Breakdown

Payroll
$2,153,400
Utilities
$38,300
Mortgage Interest
$500,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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