# PPP loan: PRENAV INC.
> **$280K** approved 02/19/2021 · Exemption 4 · Loan `1481568500`
## Borrower
- **Name:** PRENAV INC.
- **Address:** 303 Twin Dolphin Dr Ste 600, Redwood City, CA, 94065-1422
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $259K (93%)
- **Forgiveness date:** 06/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*