# PPP loan: SMART HOTEL TECHNOLOGIES INC.
> **$247K** approved 05/23/2021 · Paid in Full · Loan `7102299006`
## Borrower
- **Name:** SMART HOTEL TECHNOLOGIES INC.
- **Address:** 1722 Little Orchard St, San Jose, CA, 95125-1013
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 01/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Rural Community Assistance Corporation
- **Servicing:** Rural Community Assistance Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*