Smith-Phillips Lumber Company
$639,784 PPP Loan in Winston Salem, North Carolina
Loan Details
- Loan Number
- 6830767104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $639,784
- Current Approval
- $639,784
- Forgiveness Amount
- $648,208
- Forgiveness Date
- Aug 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smith-Phillips Lumber Company
- Address
- 603 East 17th St
- City
- Winston Salem
- State
- North Carolina
- ZIP Code
- 27105-6171
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (444190)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $11.1M
- Rural/Urban
- Urban
- Congressional District
- NC-06
Loan Use Breakdown
- Payroll
- $584,284
- Utilities
- $9,500
- Health Care
- $40,000
- Debt Interest
- $6,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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