Smith Systems, INC

$588,300 PPP Loan in Brevard, North Carolina

Loan Details

Loan Number
5394117106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$588,300
Current Approval
$588,300
Forgiveness Amount
$591,503
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Systems, INC
Address
6 Mill Creek Center
ZIP Code
28712
Business Type
Corporation
Industry (NAICS)
Manufacturing (334511)
Business Age
New Business or 2 years or less
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$588,300

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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