# PPP loan: SERVICE MANAGEMENT SYSTEMS, INC.
> **$5.23M** approved 06/11/2020 · Paid in Full · Loan `2132617905`
## Borrower
- **Name:** SERVICE MANAGEMENT SYSTEMS, INC.
- **Address:** 7135 Charlotte Pike Suite 100, NASHVILLE, TN, 37209-5015
- **NAICS:** 561790
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $5.23M
- **Initial approval:** $5.23M
- **Forgiven:** $5.30M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.23M
- **Jobs reported:** 500
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*