Smith Farm Stores, Inc.

$265,600 PPP Loan in Rensselaer, Indiana

Loan Details

Loan Number
9555597001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$265,600
Current Approval
$265,600
Forgiveness Amount
$267,688
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Farm Stores, Inc.
Address
1880 N Mckinley Ave
State
Indiana
ZIP Code
47978-8582
Business Type
Corporation
Industry (NAICS)
Retail Trade (444220)
Franchise
Ace Hardware
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
IN-04

Loan Use Breakdown

Payroll
$212,500
Rent
$18,400
Utilities
$18,250
Health Care
$16,450

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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