# PPP loan: SMITH AND JENNINGS INC.
> **$1.30M** approved 01/25/2021 · Paid in Full · Loan `5285598303`
## Borrower
- **Name:** SMITH AND JENNINGS INC.
- **Address:** 1020 Hedgecock Rd, High Point, NC, 27265-1763
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $1
- **Jobs reported:** 113
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*