# PPP loan: DISRUPTION LABS LLC.
> **$495K** approved 04/28/2020 · Charged Off · Loan `6627297208`
## Borrower
- **Name:** DISRUPTION LABS LLC.
- **Address:** 8201 east riverside drive 650, AUSTIN, TX, 78744
- **NAICS:** 541713
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $137K (28%)
- **Forgiveness date:** 06/29/2023
- **Status:** Charged Off
- **Term:** 17 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $90K
- **Utilities:** $10K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*