# PPP loan: LEXSPOT INC.
> **$423K** approved 04/12/2020 · Paid in Full · Loan `3926047101`
## Borrower
- **Name:** LEXSPOT INC.
- **Address:** 90 New Montgomery Street, San Francisco, CA, 94105
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Mortgage interest:** $38K
- **Jobs reported:** 22
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*