# PPP loan: SMITH FILTER CORPORATION
> **$1.09M** approved 04/08/2020 · Paid in Full · Loan `7999427009`
## Borrower
- **Name:** SMITH FILTER CORPORATION
- **Address:** 5000 41st Street Court, MOLINE, IL, 61265
- **NAICS:** 333413
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 95
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*