# PPP loan: OPLE, INC.
> **$549K** approved 04/13/2020 · Charged Off · Loan `5121227109`
## Borrower
- **Name:** OPLE, INC.
- **Address:** 411 Borel Ave., Suite 205, San Mateo, CA, 94402
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $382K (70%)
- **Forgiveness date:** 12/03/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $505K
- **Rent:** $44K
- **Jobs reported:** 13
## 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*