# PPP loan: CORTECHS LABS INC.
> **$477K** approved 05/01/2021 · Paid in Full · Loan `5891518900`
## Borrower
- **Name:** CORTECHS LABS INC.
- **Address:** 5060 Shoreham Pl Ste 240, San Diego, CA, 92122-5977
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $485K (102%)
- **Forgiveness date:** 12/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $477K
- **Jobs reported:** 29
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*