# PPP loan: SMITH'S IMPLEMENTS, INC
> **$645K** approved 04/05/2020 · Paid in Full · Loan `5375067000`
## Borrower
- **Name:** SMITH'S IMPLEMENTS, INC
- **Address:** 12258 BUCHANAN TRL W, MERCERSBURG, PA, 17236-9776
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Jobs reported:** 66
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*