# PPP loan: SMITH SETZER AND SONS INC
> **$413K** approved 03/26/2021 · Paid in Full · Loan `9754878600`
## Borrower
- **Name:** SMITH SETZER AND SONS INC
- **Address:** 4708 E NC HWY 10, CATAWBA, NC, 28609
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $413K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*