# PPP loan: SMITH & VANDIVER CORPORATION
> **$1.38M** approved 04/09/2020 · Paid in Full · Loan `9428417001`
## Borrower
- **Name:** SMITH & VANDIVER CORPORATION
- **Address:** 480 Airport Blvd., WATSONVILLE, CA, 95076-2002
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 98
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*