# PPP loan: IKE SMITH ELECTRIC INC
> **$237K** approved 04/15/2020 · Paid in Full · Loan `9538947106`
## Borrower
- **Name:** IKE SMITH ELECTRIC INC
- **Address:** 10444 GREENWELL SPRINGS RD, BATON ROUGE, LA, 70814
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 20
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*