# PPP loan: SMOOT ELECTRIC COMPANY, LLC
> **$171K** approved 04/14/2020 · Paid in Full · Loan `6843397110`
## Borrower
- **Name:** SMOOT ELECTRIC COMPANY, LLC
- **Address:** 25421 Alabama 181 104, DAPHNE, AL, 36526
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 31
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*