# PPP loan: AFERO, INC.
> **$1.01M** approved 04/15/2020 · Paid in Full · Loan `1842987203`
## Borrower
- **Name:** AFERO, INC.
- **Address:** 4970 El Camino Real Suite 210, Los Altos, CA, 94022
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Rent:** $46K
- **Jobs reported:** 19
## 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*