# PPP loan: THE LOUIS S SMITH CO INC
> **$151K** approved 04/13/2020 · Paid in Full · Loan `4630247108`
## Borrower
- **Name:** THE LOUIS S SMITH CO INC
- **Address:** 3181 Hwy 231 N, SHELBYVILLE, TN, 37160-7333
- **NAICS:** 441210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Mortgage interest:** $23K
- **Utilities:** $15K
- **Jobs reported:** 10
## Lender
- **Originating:** First Community Bank of Tennessee
- **Servicing:** First Community Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*