# PPP loan: MARK SMITH POWERSPORTS, LP
> **$708K** approved 04/04/2020 · Paid in Full · Loan `5043327010`
## Borrower
- **Name:** MARK SMITH POWERSPORTS, LP
- **Address:** 3025 W LOOP 820 S, FORT WORTH, TX, 76116-5989
- **NAICS:** 441228
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $708K
- **Initial approval:** $708K
- **Forgiven:** $713K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $177K
- **Jobs reported:** 76
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*