# PPP loan: PROJECT K, INC.
> **$250K** approved 04/27/2020 · Paid in Full · Loan `5078277204`
## Borrower
- **Name:** PROJECT K, INC.
- **Address:** 250 Santa Fe Terrace No.329, Sunnyvale, CA, 94085
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $132K (53%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $100K
- **Mortgage interest:** $100K
- **Utilities:** $50K
- **Jobs reported:** 2
## 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*