# PPP loan: SMOAK GROVES INC
> **$378K** approved 07/24/2020 · Paid in Full · Loan `7869878100`
## Borrower
- **Name:** SMOAK GROVES INC
- **Address:** 1025 CR 17 N, LAKE PLACID, FL, 33852-5629
- **NAICS:** 115116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $380K (100%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 41
## Lender
- **Originating:** Heartland National Bank
- **Servicing:** Heartland National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*