# PPP loan: SMC INC
> **$163K** approved 01/31/2021 · Paid in Full · Loan `1051218402`
## Borrower
- **Name:** SMC INC
- **Address:** 417 Kalanikoa St, Hilo, HI, 96720-4596
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Central Pacific Bank
- **Servicing:** Central Pacific Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*