# PPP loan: SMARTERTOOLS INC
> **$357K** approved 05/01/2020 · Paid in Full · Loan `3953647709`
## Borrower
- **Name:** SMARTERTOOLS INC
- **Address:** 1903 W PARKSIDE LAN SUITE 106, PHOENIX, AZ, 85027
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $357K (100%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 15
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*