# PPP loan: STRATEGIC MORTGAGE RECOVERIES, INC.
> **$161K** approved 04/28/2020 · Paid in Full · Loan `9776757201`
## Borrower
- **Name:** STRATEGIC MORTGAGE RECOVERIES, INC.
- **Address:** 550 N BRAND BLVD Ste 1100, GLENDALE, CA, 91203-1900
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Utilities:** $40K
- **Jobs reported:** 9
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*