# PPP loan: SM RESTAURANTS INC
> **$1.60M** approved 02/23/2021 · Paid in Full · Loan `3103078508`
## Borrower
- **Name:** SM RESTAURANTS INC
- **Address:** 547 N Virginia Ave, Winter Park, FL, 32789-3169
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 99
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*