# PPP loan: SMI LOGISTICS, LLC
> **$467K** approved 04/11/2020 · Paid in Full · Loan `3347907105`
## Borrower
- **Name:** SMI LOGISTICS, LLC
- **Address:** 928 Fulton Street, Brooklyn, NY, 11238-2349
- **NAICS:** 488490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $467K
- **Initial approval:** $520K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $467K
- **Jobs reported:** 104
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*