# PPP loan: SMC COMMERCIAL LLC
> **$424K** approved 03/13/2021 · Paid in Full · Loan `1897838600`
## Borrower
- **Name:** SMC COMMERCIAL LLC
- **Address:** 804 E Governor John Sevier Hwy, Knoxville, TN, 37920-6761
- **NAICS:** 238110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $424K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*