# PPP loan: SMITH CONSTRUCTION SERVICES, INC
> **$300K** approved 04/15/2020 · Paid in Full · Loan `9227857106`
## Borrower
- **Name:** SMITH CONSTRUCTION SERVICES, INC
- **Address:** 12690 Creek View Ave, SAVAGE, MN, 55378-2369
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $2K
- **Health care:** $68K
- **Jobs reported:** 16
## Lender
- **Originating:** South Metro FCU
- **Servicing:** South Metro FCU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*