# PPP loan: L.B. SMITH AUTOMOTIVE, INC.
> **$1.35M** approved 04/13/2020 · Paid in Full · Loan `5700377102`
## Borrower
- **Name:** L.B. SMITH AUTOMOTIVE, INC.
- **Address:** 1100 Market St., Lemoyne, PA, 17043-1415
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Mortgage interest:** $338K
- **Jobs reported:** 91
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*