# PPP loan: VERTUELAB
> **$163K** approved 04/10/2020 · Paid in Full · Loan `2472757102`
## Borrower
- **Name:** VERTUELAB
- **Address:** 412 SW 12TH AVE 2nd FL, PORTLAND, OR, 97205-2329
- **NAICS:** 541990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 10
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*