# PPP loan: SMITH-GRAY ELECTRIC CO INC
> **$1.07M** approved 02/23/2021 · Paid in Full · Loan `3405328506`
## Borrower
- **Name:** SMITH-GRAY ELECTRIC CO INC
- **Address:** 1508 Cusseta Rd, Columbus, GA, 31901-3344
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*