# PPP loan: SMITH FAMILY MOTORS INC
> **$289K** approved 04/09/2020 · Paid in Full · Loan `9519027008`
## Borrower
- **Name:** SMITH FAMILY MOTORS INC
- **Address:** 102 SKYLARK AVE, BRIDGE CITY, TX, 77611-2719
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Utilities:** $72K
- **Jobs reported:** 26
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*