Terrance a Smith Distributing INC
$557,700 PPP Loan in Anderson, Indiana
Loan Details
- Loan Number
- 8286897004
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $557,700
- Current Approval
- $557,700
- Forgiveness Amount
- $564,744
- Forgiveness Date
- Jul 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Terrance a Smith Distributing INC
- Address
- 2215 North Madison Avenue
- City
- Anderson
- State
- Indiana
- ZIP Code
- 46011-9583
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.4M
- Rural/Urban
- Urban
- Congressional District
- IN-05
Loan Use Breakdown
- Payroll
- $492,800
- Rent
- $51,473
- Utilities
- $13,427
Lender Information
- Servicing Lender
- Star Financial Bank
- Originating Lender
- Star Financial Bank
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