Smi & Hydraulics INC

$352,500 PPP Loan in Porter, Minnesota

Loan Details

Loan Number
6957577005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$352,500
Current Approval
$352,500
Forgiveness Amount
$356,112
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smi & Hydraulics INC
Address
401 Lone Tree Street
City
Porter
ZIP Code
56280-9787
Business Type
Corporation
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$352,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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