# PPP loan: LARQ INC.
> **$209K** approved 04/15/2020 · Paid in Full · Loan `1645747202`
## Borrower
- **Name:** LARQ INC.
- **Address:** 950 Tower Lane Suite 2100, Foster City, CA, 94404
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Mortgage interest:** $19K
- **Jobs reported:** 9
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*