# PPP loan: UBEAM INC
> **$489K** approved 04/15/2020 · Paid in Full · Loan `2121307203`
## Borrower
- **Name:** UBEAM INC
- **Address:** 128 Maryland Street, El Segundo, CA, 90245
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $497K (102%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Rent:** $29K
- **Jobs reported:** 12
## 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*