# PPP loan: PROPELLER INC
> **$2.39M** approved 04/06/2020 · Paid in Full · Loan `6315247009`
## Borrower
- **Name:** PROPELLER INC
- **Address:** 108 NW 9TH AVE STE 300, PORTLAND, OR, 97209-3304
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $2.42M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.24M
- **Rent:** $17K
- **Health care:** $133K
- **Jobs reported:** 124
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*