# PPP loan: SMW ENGINEERING GROUP, INC
> **$1.58M** approved 04/15/2020 · Paid in Full · Loan `8407937109`
## Borrower
- **Name:** SMW ENGINEERING GROUP, INC
- **Address:** 158 BUSINESS CENTER DR,, BIRMINGHAM, AL, 35244-2018
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 11/13/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 140
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*