# PPP loan: R SMITH & SONS TRUCKING INC
> **$462K** approved 04/11/2020 · Paid in Full · Loan `2944307106`
## Borrower
- **Name:** R SMITH & SONS TRUCKING INC
- **Address:** 3641 108th Avenue, ALLEGAN, MI, 49010-8111
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Jobs reported:** 40
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*