# PPP loan: S-M ENTERPRISES INC
> **$414K** approved 04/04/2020 · Paid in Full · Loan `4906317009`
## Borrower
- **Name:** S-M ENTERPRISES INC
- **Address:** 2310 26TH ST, MOORHEAD, MN, 56560-5903
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Rent:** $42K
- **Mortgage interest:** $13K
- **Utilities:** $28K
- **Jobs reported:** 32
## Lender
- **Originating:** First International Bank & Trust
- **Servicing:** First International Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*