# PPP loan: S & M PROFESSIONALS, INC.
> **$235K** approved 04/11/2020 · Paid in Full · Loan `3665047102`
## Borrower
- **Name:** S & M PROFESSIONALS, INC.
- **Address:** 710 Graves Avenue, OXNARD, CA, 93030-8049
- **NAICS:** 311111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $50K
- **Mortgage interest:** $9K
- **Jobs reported:** 15
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*