# PPP loan: SM SMITH & SONS INC
> **$750K** approved 04/15/2020 · Paid in Full · Loan `1616277204`
## Borrower
- **Name:** SM SMITH & SONS INC
- **Address:** 261 HWY 24/27W, MIDLAND, NC, 28107-7505
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $722K (96%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 60
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*