# PPP loan: SPHERE ALLIANCE, INC
> **$767K** approved 04/10/2020 · Paid in Full · Loan `2271447107`
## Borrower
- **Name:** SPHERE ALLIANCE, INC
- **Address:** 3051 MYERS ST, RIVERSIDE, CA, 92503-5525
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $775K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Rent:** $96K
- **Utilities:** $96K
- **Jobs reported:** 109
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*