# PPP loan: SMITH AND WATERS, INC
> **$362K** approved 06/11/2020 · Paid in Full · Loan `2118377909`
## Borrower
- **Name:** SMITH AND WATERS, INC
- **Address:** 2915 Nation Road, HODGES, SC, 29653-9214
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Utilities:** $90K
- **Jobs reported:** 39
## Lender
- **Originating:** The National Bank of Blacksburg
- **Servicing:** The National Bank of Blacksburg (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*