# PPP loan: SMASHING BOXES LLC
> **$641K** approved 02/02/2021 · Charged Off · Loan `1764488402`
## Borrower
- **Name:** SMASHING BOXES LLC
- **Address:** 505 RAMSEUR ST, DURHAM, NC, 27701
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $641K
- **Initial approval:** $641K
- **Forgiven:** $542K (85%)
- **Forgiveness date:** 07/17/2023
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $641K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*