# PPP loan: SOFTWARE MANAGEMENT CONSULTANTS, INC.
> **$6.60M** approved 04/08/2020 · Paid in Full · Loan `8758577001`
## Borrower
- **Name:** SOFTWARE MANAGEMENT CONSULTANTS, INC.
- **Address:** 500 North Brand Blvd., Suite 1100, GLENDALE, CA, 91203-1904
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.60M
- **Initial approval:** $6.60M
- **Forgiven:** $6.67M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.35M
- **Rent:** $91K
- **Utilities:** $746
- **Health care:** $161K
- **Jobs reported:** 322
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*