# PPP loan: CLOUD 8 SIXTEEN, INC.
> **$445K** approved 04/10/2020 · Paid in Full · Loan `1828347105`
## Borrower
- **Name:** CLOUD 8 SIXTEEN, INC.
- **Address:** 4001 Menchaca Rd., AUSTIN, TX, 78704
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Mortgage interest:** $56K
- **Utilities:** $56K
- **Jobs reported:** 19
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*