# PPP loan: BRUCE V. SMITH INC.
> **$290K** approved 04/15/2020 · Paid in Full · Loan `9639167107`
## Borrower
- **Name:** BRUCE V. SMITH INC.
- **Address:** 34 N MAIN ST, JACOBUS, PA, 17407-1241
- **NAICS:** 423210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $26K
- **Utilities:** $7K
- **Jobs reported:** 34
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*