# PPP loan: SMITH CONTRACTING, INC.
> **$608K** approved 04/08/2020 · Paid in Full · Loan `8002457000`
## Borrower
- **Name:** SMITH CONTRACTING, INC.
- **Address:** 2250 S. MUNSON RD, ROYSE CITY, TX, 75189-6370
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $613K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Jobs reported:** 50
## Lender
- **Originating:** Guaranty Bank & Trust, National Association
- **Servicing:** Guaranty Bank & Trust, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*