# PPP loan: SMARDAN-HATCHER CO
> **$1.45M** approved 04/09/2020 · Paid in Full · Loan `9150357001`
## Borrower
- **Name:** SMARDAN-HATCHER CO
- **Address:** 14009 HALLDALE AVE, GARDENA, CA, 90249-2627
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Rent:** $158K
- **Jobs reported:** 98
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*