# PPP loan: SMITH'S ALARMS & ELECTRONICS
> **$185K** approved 01/28/2021 · Paid in Full · Loan `7474588309`
## Borrower
- **Name:** SMITH'S ALARMS & ELECTRONICS
- **Address:** 1240 Grace Ln, Nipomo, CA, 93444-9445
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 16
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*