# PPP loan: EMERALD CLOUD LAB
> **$3.55M** approved 02/06/2021 · Exemption 4 · Loan `4148738405`
## Borrower
- **Name:** EMERALD CLOUD LAB
- **Address:** 844 Dubuque Ave, South San Francisco, CA, 94080-1804
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.55M
- **Initial approval:** $3.55M
- **Forgiven:** $2.14M (60%)
- **Forgiveness date:** 05/06/2022
- **Status:** Exemption 4
- **Term:** 42 months
## Use of funds
- **Payroll:** $3.55M
- **Utilities:** $1
- **Jobs reported:** 122
## 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*