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S&m Controls INC

$45,300 PPP Loan in Adams, Minnesota

Loan Details

Loan Number
6333627009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$45,300
Current Approval
$45,300
Forgiveness Amount
$45,542
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
S&m Controls INC
Address
14918 State Highway 56
City
Adams
State
Minnesota
ZIP Code
55909-8586
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423430)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$39,700
Rent
$3,600
Utilities
$2,000

Lender Information

Servicing Lender
United Farmers State Bank
Originating Lender
United Farmers State Bank

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