# PPP loan: KAREO INC.
> **$4.81M** approved 04/11/2020 · Paid in Full · Loan `3461057103`
## Borrower
- **Name:** KAREO INC.
- **Address:** Attn Accounting Finance Dept 3353 Michelson, Irvine, CA, 92612
- **NAICS:** 425110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.81M
- **Initial approval:** $4.81M
- **Forgiven:** $4.86M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.81M
- **Mortgage interest:** $5
- **Utilities:** $5
- **Jobs reported:** 265
## 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*