# PPP loan: NAVAKAI, INC.
> **$340K** approved 04/05/2020 · Paid in Full · Loan `5280927006`
## Borrower
- **Name:** NAVAKAI, INC.
- **Address:** 19 SOUTH TEJON STREET SUITE 400, COLORADO SPRINGS, CO, 80903-1505
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Rent:** $35K
- **Health care:** $21K
- **Jobs reported:** 22
## Lender
- **Originating:** Stockmens Bank
- **Servicing:** Stockmens Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*