# PPP loan: SMG CONCEPTS LLC
> **$500K** approved 06/11/2020 · Charged Off · Loan `2248947901`
## Borrower
- **Name:** SMG CONCEPTS LLC
- **Address:** 4613 North University Drive, Coral Springs, FL, 33067
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 24
## Lender
- **Originating:** Fundbox, Inc.
- **Servicing:** Fundbox, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*