# PPP loan: D & L SMITH CONSTRUCTION CO., INC.
> **$302K** approved 04/07/2020 · Paid in Full · Loan `6999197007`
## Borrower
- **Name:** D & L SMITH CONSTRUCTION CO., INC.
- **Address:** 400 N. Main St., GRAYMONT, IL, 61743-7512
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 25
## Lender
- **Originating:** State Bank of Graymont
- **Servicing:** State Bank of Graymont (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*