# PPP loan: PETRA SYSTEMS, INC.
> **$518K** approved 06/29/2020 · Paid in Full · Loan `5977288000`
## Borrower
- **Name:** PETRA SYSTEMS, INC.
- **Address:** 225 Canyon Blvd., Boulder, CO, 80302
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $485K (94%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $123K
- **Jobs reported:** 27
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*