# PPP loan: S&D SMITH INC.
> **$475K** approved 01/29/2021 · Paid in Full · Loan `8441158307`
## Borrower
- **Name:** S&D SMITH INC.
- **Address:** 8615 State Route 120 E, Slaughters, KY, 42456-9553
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 25
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*