Smith Motor Company INC

$641,392 PPP Loan in Washington, New Jersey

Loan Details

Loan Number
5799337100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$641,392
Current Approval
$641,392
Forgiveness Amount
$647,432
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Motor Company INC
Address
359 Route 31 S
ZIP Code
07882
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$513,314
Utilities
$64,039
Mortgage Interest
$64,039

Lender Information

Servicing Lender
First Hope Bank, a National Banking Association
Originating Lender
First Hope Bank, a National Banking Association

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