# PPP loan: EASTMAN & SMITH, LTD.
> **$2.29M** approved 04/07/2020 · Paid in Full · Loan `6874947003`
## Borrower
- **Name:** EASTMAN & SMITH, LTD.
- **Address:** PO BOX 10032 One Seagate, 24th Floor, TOLEDO, OH, 43699-0032
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $1.29M
- **Forgiven:** $2.31M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Jobs reported:** 72
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*