Smith Motors INC

$490,200 PPP Loan in Wahpeton, North Dakota

Loan Details

Loan Number
5519647008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$490,200
Current Approval
$490,200
Forgiveness Amount
$496,002
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Motors INC
Address
101 11th St N
ZIP Code
58075-4107
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$490,200

Lender Information

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

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