This loan was approved on 4/28/2020 and has been fully disbursed.
Smi Imaging, LLC
6900 E Camelback Rd Scottsdale, AZ 85251-2400
Smi Imaging, LLC is a Offices of Physicians (except Mental Health Specialists) Limited Liability Company(LLC) located at 6900 E Camelback Rd Scottsdale, AZ 85251-2400 with 500 employees.
During round 1 of the paycheck protection program, Smi Imaging, LLC requested a PPP loan for $10,000,000.00. They were approved on 4/28/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Newtek Small Business Finance, Inc.. Of the approved amount, Smi Imaging, LLC has received 100% of the approved amount.
Congress has launched a formal inquiry into possibly fraudulent Paycheck Protection Program loans provided by internet lenders such as BlueVine and Kabbage.
A Washington State man was sentenced today to two years in prison for perpetrating a scheme to fraudulently obtain COVID-19 disaster relief loans guaranteed by the Small Business Administration (SBA) through the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act.