# PPP loan: SMR AUTOMOTIVE SYSTEMS USA, INC.
> **$10.00M** approved 04/11/2020 · Paid in Full · Loan `2951067104`
## Borrower
- **Name:** SMR AUTOMOTIVE SYSTEMS USA, INC.
- **Address:** 1855 Busha Highway 0.0, Marysville, MI, 48040-1892
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.04M
- **Utilities:** $498K
- **Health care:** $1.46M
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*