# PPP loan: J.L. SMITH ENTERPRISES, LLC
> **$178K** approved 04/05/2020 · Paid in Full · Loan `5437767005`
## Borrower
- **Name:** J.L. SMITH ENTERPRISES, LLC
- **Address:** 1501 HIGHWAY 15 N., JACKSON, KY, 41339-6523
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Utilities:** $45K
- **Jobs reported:** 19
## Lender
- **Originating:** 1st Trust Bank, Inc.
- **Servicing:** 1st Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*