# PPP loan: S & M ELECTRIC INC.
> **$298K** approved 01/21/2021 · Paid in Full · Loan `3185988306`
## Borrower
- **Name:** S & M ELECTRIC INC.
- **Address:** 5910 W 35th St, Cicero, IL, 60804-4162
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Oxford Bank & Trust
- **Servicing:** GreenState CU (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*