# PPP loan: ADAPTIVE INTELLIGENCE CORPORATION
> **$182K** approved 02/25/2021 · Exemption 4 · Loan `4164708505`
## Borrower
- **Name:** ADAPTIVE INTELLIGENCE CORPORATION
- **Address:** 48230 NW Narup Rd, Banks, OR, 97106-8847
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $143K (78%)
- **Forgiveness date:** 03/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $182K
- **Utilities:** $1
- **Jobs reported:** 5
## Lender
- **Originating:** First Technology FCU
- **Servicing:** First Technology FCU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*