# PPP loan: SMRT, INC.
> **$1.72M** approved 04/13/2020 · Paid in Full · Loan `5071107109`
## Borrower
- **Name:** SMRT, INC.
- **Address:** 144 Fore St., PO Box 618, PORTLAND, ME, 04104
- **NAICS:** 541340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Rent:** $190K
- **Jobs reported:** 121
## Lender
- **Originating:** Maine Community Bank
- **Servicing:** Maine Community Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*