# PPP loan: SMBG SHERMAN, LLC
> **$276K** approved 04/11/2020 · Paid in Full · Loan `3445917101`
## Borrower
- **Name:** SMBG SHERMAN, LLC
- **Address:** 110 E FM 1417, SHERMAN, TX, 75090-9207
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 81
## Lender
- **Originating:** Guaranty Bank & Trust, National Association
- **Servicing:** Guaranty Bank & Trust, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*