# PPP loan: SMITH-BOUGHAN, INC.
> **$2.11M** approved 04/09/2020 · Paid in Full · Loan `9338867003`
## Borrower
- **Name:** SMITH-BOUGHAN, INC.
- **Address:** 777 S COPUS RD, LIMA, OH, 45805-4169
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Mortgage interest:** $211K
- **Utilities:** $211K
- **Jobs reported:** 76
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*