# PPP loan: MODULAR ROBOTICS INCORPORATED
> **$245K** approved 01/27/2021 · Paid in Full · Loan `6439188307`
## Borrower
- **Name:** MODULAR ROBOTICS INCORPORATED
- **Address:** 1860 38th St, Boulder, CO, 80301-2620
- **NAICS:** 339930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*