# PPP loan: SMARTECH SYSTEMS INC.
> **$394K** approved 01/23/2021 · Paid in Full · Loan `4591478306`
## Borrower
- **Name:** SMARTECH SYSTEMS INC.
- **Address:** 500 E Brighton Ave, Syracuse, NY, 13210-4211
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Visions FCU
- **Servicing:** Visions FCU (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*