# PPP loan: PEERSPACE, INC.
> **$1.50M** approved 04/15/2020 · Paid in Full · Loan `1587947204`
## Borrower
- **Name:** PEERSPACE, INC.
- **Address:** 114 Sansome St Suite 1100, SAN FRANCISCO, CA, 94104-3803
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $529K (35%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Mortgage interest:** $157K
- **Jobs reported:** 28
## 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*