# PPP loan: SMITH PACKING, INC
> **$225K** approved 04/08/2020 · Paid in Full · Loan `8435797003`
## Borrower
- **Name:** SMITH PACKING, INC
- **Address:** 99 FORT FAIRFIELD RD, PRESQUE ISLE, ME, 04769-5015
- **NAICS:** 115114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $35K
- **Utilities:** $10K
- **Jobs reported:** 12
## Lender
- **Originating:** Aroostook County Federal Savings & Loan Association
- **Servicing:** Aroostook County Federal Savings & Loan Association (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*