# PPP loan: SMITH LC
> **$295K** approved 04/14/2020 · Paid in Full · Loan `7144637105`
## Borrower
- **Name:** SMITH LC
- **Address:** 4 PARK PLAZA SUITE 1050, IRVINE, CA, 92614-2561
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Jobs reported:** 21
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*