# PPP loan: SMITH PUMP COMPANY, INC.
> **$1.04M** approved 04/12/2020 · Paid in Full · Loan `4045267102`
## Borrower
- **Name:** SMITH PUMP COMPANY, INC.
- **Address:** 301 M-B Industrial, Waco, TX, 76712
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 74
## Lender
- **Originating:** Woodforest National Bank
- **Servicing:** Woodforest National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*