# PPP loan: SMA LOGISTICS INC.
> **$323K** approved 04/28/2020 · Paid in Full · Loan `7022847209`
## Borrower
- **Name:** SMA LOGISTICS INC.
- **Address:** 323 W Alkire Lake Dr, Sugar Land, TX, 77478-3511
- **NAICS:** 492210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 47
## Lender
- **Originating:** Idaho First Bank
- **Servicing:** Idaho First Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*