# PPP loan: SBG SMITH SUPPLY, INC
> **$239K** approved 04/07/2020 · Paid in Full · Loan `6636567001`
## Borrower
- **Name:** SBG SMITH SUPPLY, INC
- **Address:** 1765 SOUTH LOOP, STEPHENVILLE, TX, 76401-5009
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $10K
- **Utilities:** $9K
- **Health care:** $28K
- **Jobs reported:** 18
## Lender
- **Originating:** InterBank
- **Servicing:** InterBank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*