# PPP loan: S AND M TRANSPORTATION, INC
> **$550K** approved 04/28/2020 · Paid in Full · Loan `7629457206`
## Borrower
- **Name:** S AND M TRANSPORTATION, INC
- **Address:** 245 JACINTOPORT BLVD, SARALAND, AL, 36571-3306
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Mortgage interest:** $83K
- **Utilities:** $55K
- **Jobs reported:** 52
## Lender
- **Originating:** First Community Bank of Tennessee
- **Servicing:** First Community Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*