Smith Trucking INC
$1,662,600 PPP Loan in Worthington, Minnesota
Loan Details
- Loan Number
- 5591817005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,662,600
- Current Approval
- $1,662,600
- Forgiveness Amount
- $1,675,300
- Forgiveness Date
- Jan 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smith Trucking INC
- Address
- 1451 Joosten Rd
- City
- Worthington
- State
- Minnesota
- ZIP Code
- 56187-1995
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 160
- Estimated Revenue
- $32.2M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $814,101
- Rent
- $832,340
- Utilities
- $16,159
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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