# PPP loan: SNEAD-SMITH DUO, INC.
> **$368K** approved 04/15/2020 · Paid in Full · Loan `8811467101`
## Borrower
- **Name:** SNEAD-SMITH DUO, INC.
- **Address:** 521 E Main St, HIGHLANDS, NC, 28741-0001
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $74K
- **Utilities:** $18K
- **Jobs reported:** 53
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*