# PPP loan: SYSTEMS MANAGEMENT PLANNING, INC.
> **$2.31M** approved 04/15/2020 · Paid in Full · Loan `8118077104`
## Borrower
- **Name:** SYSTEMS MANAGEMENT PLANNING, INC.
- **Address:** 1020 John Street, West Henrietta, NY, 14586
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.31M
- **Initial approval:** $2.31M
- **Forgiven:** $2.33M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Rent:** $90K
- **Utilities:** $20K
- **Debt interest:** $20K
- **Jobs reported:** 119
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*