# PPP loan: SMART WORKS LLC
> **$2.59M** approved 04/09/2020 · Paid in Full · Loan `1114797109`
## Borrower
- **Name:** SMART WORKS LLC
- **Address:** 55 EDISON AVE, EDISON, NJ, 08820-3812
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.59M
- **Initial approval:** $2.59M
- **Forgiven:** $2.62M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Rent:** $130K
- **Utilities:** $26K
- **Jobs reported:** 140
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*