# PPP loan: SMITH EQUIPMENT COMPANY INC.
> **$210K** approved 02/05/2021 · Paid in Full · Loan `3681078401`
## Borrower
- **Name:** SMITH EQUIPMENT COMPANY INC.
- **Address:** 1240 Lafayette 31, Stamps, AR, 71860-9055
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $210K (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 17
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*