# PPP loan: SMITH MATERIAL SUPPLY, INC.
> **$155K** approved 04/16/2020 · Paid in Full · Loan `2908477201`
## Borrower
- **Name:** SMITH MATERIAL SUPPLY, INC.
- **Address:** 1571 N MAIN ST, MARION, OH, 43302-1553
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 18
## Lender
- **Originating:** The Fahey Banking Company
- **Servicing:** The Fahey Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*