# PPP loan: SMAC MOTORS INC.
> **$184K** approved 04/30/2021 · Paid in Full · Loan `5354688910`
## Borrower
- **Name:** SMAC MOTORS INC.
- **Address:** 843 Main St, East Bernard, TX, 77435-9022
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $184K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** The First National Bank of Eagle Lake
- **Servicing:** The First National Bank of Eagle Lake (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*