# PPP loan: M E SMITH ELECTRIC MOTOR SERVICE CO
> **$177K** approved 04/06/2020 · Paid in Full · Loan `6000767007`
## Borrower
- **Name:** M E SMITH ELECTRIC MOTOR SERVICE CO
- **Address:** 320 CAMPBELL ST, THOMASVILLE, GA, 31792-5911
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Mortgage interest:** $26K
- **Utilities:** $9K
- **Jobs reported:** 18
## Lender
- **Originating:** Thomasville National Bank
- **Servicing:** Thomasville National Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*