# PPP loan: SMC INDUSTRIES INC.
> **$515K** approved 03/12/2021 · Paid in Full · Loan `9252908509`
## Borrower
- **Name:** SMC INDUSTRIES INC.
- **Address:** 3239 Phoenixville Pike Bldg 1, Malvern, PA, 19355-9006
- **NAICS:** 327993
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $515K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*