# PPP loan: DVBE CONNECT INC.
> **$340K** approved 04/05/2020 · Paid in Full · Loan `5156967010`
## Borrower
- **Name:** DVBE CONNECT INC.
- **Address:** 2377 Sunrise Blvd. Suite 270, RANCHO CORDOVA, CA, 95742-6538
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $295K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $10K
- **Mortgage interest:** $4K
- **Utilities:** $2K
- **Jobs reported:** 24
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*