# PPP loan: CANOO INC.
> **$7.02M** approved 06/29/2020 · Paid in Full · Loan `6141768007`
## Borrower
- **Name:** CANOO INC.
- **Address:** 19551 Mariner Ave, Torrance, CA, 90503
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.02M
- **Initial approval:** $7.02M
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $7.02M
- **Jobs reported:** 303
## 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*