# PPP loan: BEN F. SMITH, INC
> **$474K** approved 08/03/2020 · Paid in Full · Loan `3006848207`
## Borrower
- **Name:** BEN F. SMITH, INC
- **Address:** 4420 N BALDWIN AVE, EL MONTE, CA, 91731-1106
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $445K
- **Rent:** $10K
- **Utilities:** $4K
- **Health care:** $15K
- **Jobs reported:** 33
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*