# PPP loan: SAPEARE TECHNOLOGIES INC
> **$451K** approved 04/28/2020 · Exemption 4 · Loan `1388967305`
## Borrower
- **Name:** SAPEARE TECHNOLOGIES INC
- **Address:** 1 GLENLAKE PARKWAY SUITE 525, ATLANTA, GA, 30328
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $207K (46%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 58 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 57
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*