# PPP loan: CARL R SMITH INC
> **$487K** approved 04/16/2020 · Paid in Full · Loan `2548907205`
## Borrower
- **Name:** CARL R SMITH INC
- **Address:** 130 CRIDER LN, BUTLER, PA, 16002-0930
- **NAICS:** 484122
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 26
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*