# PPP loan: FORT SMITH AVIONICS, INC
> **$283K** approved 04/04/2020 · Paid in Full · Loan `5032307009`
## Borrower
- **Name:** FORT SMITH AVIONICS, INC
- **Address:** 522 S 22ND ST, FORT SMITH, AR, 72901-3916
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Jobs reported:** 53
## Lender
- **Originating:** First Security Bank
- **Servicing:** First Security Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*