# PPP loan: AXELERATE LLC
> **$245K** approved 04/30/2020 · Paid in Full · Loan `6563407302`
## Borrower
- **Name:** AXELERATE LLC
- **Address:** 13401 NE BEL RED RD STE B8, BELLEVUE, WA, 98005-2322
- **NAICS:** 561499
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*