# PPP loan: S & M ELECTRIC, INC.
> **$298K** approved 04/14/2020 · Paid in Full · Loan `7353627109`
## Borrower
- **Name:** S & M ELECTRIC, INC.
- **Address:** 5910 W. 35TH STREET, CICERO, IL, 60804
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 20
## Lender
- **Originating:** Oxford Bank & Trust
- **Servicing:** GreenState CU (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*