# PPP loan: SMOOTHIE KING SYSTEMS, INC.
> **$3.56M** approved 04/12/2020 · Paid in Full · Loan `3979927109`
## Borrower
- **Name:** SMOOTHIE KING SYSTEMS, INC.
- **Address:** 9797 Rombauer Rd, Coppell, TX, 75019-5173
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.56M
- **Initial approval:** $3.56M
- **Forgiven:** $3.60M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.38M
- **Rent:** $150K
- **Utilities:** $25K
- **Jobs reported:** 477
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*