# PPP loan: S&M BRANDS, INC
> **$519K** approved 04/10/2020 · Paid in Full · Loan `1307417107`
## Borrower
- **Name:** S&M BRANDS, INC
- **Address:** 3662 Ontario Rd Suite B, KEYSVILLE, VA, 23947-2710
- **NAICS:** 312230
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $389K
- **Mortgage interest:** $65K
- **Utilities:** $65K
- **Jobs reported:** 8
## Lender
- **Originating:** Benchmark Community Bank
- **Servicing:** Benchmark Community Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*