# PPP loan: SMITH AND DEAN INC
> **$1.37M** approved 04/11/2020 · Paid in Full · Loan `3669007109`
## Borrower
- **Name:** SMITH AND DEAN INC
- **Address:** 11511 Katy Freeway Suite 430, HOUSTON, TX, 77079-1900
- **NAICS:** 561312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Mortgage interest:** $171K
- **Utilities:** $171K
- **Jobs reported:** 250
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*