# PPP loan: JEFFREY SMITH MD PC
> **$296K** approved 04/03/2020 · Paid in Full · Loan `4472877004`
## Borrower
- **Name:** JEFFREY SMITH MD PC
- **Address:** 315 E WARWICK DR SUITE 3, ALMA, MI, 48801-1013
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $44K
- **Utilities:** $1K
- **Debt interest:** $18K
- **Jobs reported:** 21
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*