# PPP loan: SMARKETS INC
> **$400K** approved 04/10/2020 · Paid in Full · Loan `2058587104`
## Borrower
- **Name:** SMARKETS INC
- **Address:** 527 W  7TH ST, SUITE 601, LOS ANGELES, CA, 90014-2503
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $357K (89%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 14
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*