# PPP loan: ONTERA INC.
> **$1.61M** approved 04/10/2020 · Paid in Full · Loan `2154857102`
## Borrower
- **Name:** ONTERA INC.
- **Address:** 2161 DELAWARE AVE, STE B, SANTA CRUZ, CA, 95060-5790
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.64M (102%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 36
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*