# PPP loan: SMOOT ENTERPRISES
> **$377K** approved 02/17/2021 · Charged Off · Loan `9824858405`
## Borrower
- **Name:** SMOOT ENTERPRISES
- **Address:** 1995 N 2800 W, Brigham City, UT, 84302-4008
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $356K (94%)
- **Forgiveness date:** 03/11/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $377K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*