Smith Engineering, Inc.

$595,319 PPP Loan in Chaska, Minnesota

Loan Details

Loan Number
6609417007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$595,319
Current Approval
$595,319
Forgiveness Amount
$584,551
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Engineering, Inc.
Address
4040 Norex Dr
City
Chaska
ZIP Code
55318-3000
Business Type
Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$548,111
Rent
$37,208
Utilities
$10,000

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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