# PPP loan: CRAD CORP.
> **$242K** approved 04/05/2020 · Paid in Full · Loan `5248077000`
## Borrower
- **Name:** CRAD CORP.
- **Address:** 337 E PIKES PEAK AVE SUITE 200, COLORADO SPRINGS, CO, 80903-1911
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $15K
- **Utilities:** $5K
- **Jobs reported:** 21
## Lender
- **Originating:** Adams Bank & Trust
- **Servicing:** Adams Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*