# PPP loan: CHAD SMITH CONSTRUCTION INC.
> **$157K** approved 02/03/2021 · Paid in Full · Loan `2395438407`
## Borrower
- **Name:** CHAD SMITH CONSTRUCTION INC.
- **Address:** 2227 Willow Pass Rd, Concord, CA, 94520-2112
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*