# PPP loan: POP ART INC.
> **$366K** approved 01/17/2021 · Exemption 4 · Loan `1492108301`
## Borrower
- **Name:** POP ART INC.
- **Address:** 5651 NW Bannister Dr, Portland, OR, 97229-2493
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $298K (82%)
- **Forgiveness date:** 05/05/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $366K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*