# PPP loan: SMITH-MIDLAND CORPORATION
> **$2.69M** approved 04/11/2020 · Paid in Full · Loan `2877657105`
## Borrower
- **Name:** SMITH-MIDLAND CORPORATION
- **Address:** 5119 CATLETT RD, MIDLAND, VA, 22728-2113
- **NAICS:** 533110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.69M
- **Initial approval:** $2.69M
- **Forgiven:** $2.72M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.15M
- **Mortgage interest:** $500K
- **Utilities:** $38K
- **Jobs reported:** 184
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*