# PPP loan: SMITH FARM STORES, INC.
> **$266K** approved 04/09/2020 · Paid in Full · Loan `9555597001`
## Borrower
- **Name:** SMITH FARM STORES, INC.
- **Address:** 1880 N McKinley Ave, RENSSELAER, IN, 47978-8582
- **NAICS:** 444220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $18K
- **Utilities:** $18K
- **Health care:** $16K
- **Jobs reported:** 71
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*