# PPP loan: SMITH SAWMILL SERVICE, LLC
> **$545K** approved 04/06/2020 · Paid in Full · Loan `5765067006`
## Borrower
- **Name:** SMITH SAWMILL SERVICE, LLC
- **Address:** 181 COUNTY ROAD 4763, TIMPSON, TX, 75975-2585
- **NAICS:** 115310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Mortgage interest:** $14K
- **Utilities:** $20K
- **Health care:** $32K
- **Debt interest:** $14K
- **Jobs reported:** 56
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*