# PPP loan: SAGE CONCEPT, LLC
> **$263K** approved 04/05/2020 · Paid in Full · Loan `5532797001`
## Borrower
- **Name:** SAGE CONCEPT, LLC
- **Address:** 725 CERRILLOS RD, SANTA FE, NM, 87505-3029
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $48K
- **Utilities:** $15K
- **Jobs reported:** 51
## Lender
- **Originating:** Nusenda FCU
- **Servicing:** Nusenda FCU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*