# PPP loan: STUDIO3 DESIGN INC
> **$154K** approved 04/30/2021 · Paid in Full · Loan `5482338904`
## Borrower
- **Name:** STUDIO3 DESIGN INC
- **Address:** 638 University Ave, Los Gatos, CA, 95032-4416
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*