# PPP loan: SMART SYSTEMS TECHNOLOGIES, INC.
> **$1.93M** approved 04/10/2020 · Paid in Full · Loan `2472467109`
## Borrower
- **Name:** SMART SYSTEMS TECHNOLOGIES, INC.
- **Address:** 9 GOODYEAR, IRVINE, CA, 92618-2001
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Rent:** $102K
- **Health care:** $72K
- **Jobs reported:** 149
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*