# PPP loan: L.A. SMITH & COMPANY INC.
> **$329K** approved 04/27/2020 · Paid in Full · Loan `4580487209`
## Borrower
- **Name:** L.A. SMITH & COMPANY INC.
- **Address:** 3501 BROAD ST, SUMTER, SC, 29154-1602
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 35
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*