# PPP loan: DONALD SMITH COMPANY, INC.
> **$625K** approved 04/04/2020 · Paid in Full · Loan `4958607004`
## Borrower
- **Name:** DONALD SMITH COMPANY, INC.
- **Address:** 746 MAIN ST, HEADLAND, AL, 36345-1834
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $625K
- **Jobs reported:** 55
## Lender
- **Originating:** HNB First Bank
- **Servicing:** HNB First Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*