# PPP loan: SMS RETAIL MANAGEMENT, LLC.
> **$570K** approved 04/06/2020 · Paid in Full · Loan `6108297010`
## Borrower
- **Name:** SMS RETAIL MANAGEMENT, LLC.
- **Address:** 1356 Skyline Dr, LAGUNA BEACH, CA, 92651-1941
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Rent:** $113K
- **Jobs reported:** 220
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*