# PPP loan: SMITHCO DEVELOPMENT LLC
> **$208K** approved 04/10/2020 · Paid in Full · Loan `1379737108`
## Borrower
- **Name:** SMITHCO DEVELOPMENT LLC
- **Address:** 1400 Post Oak Blvd., Suite 900, HOUSTON, TX, 77056-3002
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $30K
- **Utilities:** $2K
- **Health care:** $10K
- **Jobs reported:** 12
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*