# PPP loan: SMART START CORPORATION
> **$209K** approved 04/07/2020 · Paid in Full · Loan `6982627009`
## Borrower
- **Name:** SMART START CORPORATION
- **Address:** 53318  10 MILE RD, SOUTH LYON, MI, 48178-9725
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $52K
- **Utilities:** $6K
- **Jobs reported:** 32
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*