# PPP loan: SMITH PLUMBING CO., INC.
> **$218K** approved 04/08/2020 · Paid in Full · Loan `7742867006`
## Borrower
- **Name:** SMITH PLUMBING CO., INC.
- **Address:** 2582 East Main Street, BATESVILLE, AR, 72501-7363
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $55K
- **Jobs reported:** 24
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*