# PPP loan: SMBG BAY CITY LLC
> **$248K** approved 03/31/2021 · Paid in Full · Loan `3810448707`
## Borrower
- **Name:** SMBG BAY CITY LLC
- **Address:** 6655 E 7th Street, Bay City, TX, 77414
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 57
## 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*