# PPP loan: SMARTPLUG SYSTEMS, LLC
> **$194K** approved 04/04/2020 · Paid in Full · Loan `4937227009`
## Borrower
- **Name:** SMARTPLUG SYSTEMS, LLC
- **Address:** 2500 WESTLAKE AVE N STE G, SEATTLE, WA, 98109-2234
- **NAICS:** 332510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $202K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $25K
- **Utilities:** $500
- **Health care:** $8K
- **Debt interest:** $25K
- **Jobs reported:** 14
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*