# PPP loan: ULAB SYSTEMS, INC
> **$404K** approved 04/14/2020 · Paid in Full · Loan `6785077109`
## Borrower
- **Name:** ULAB SYSTEMS, INC
- **Address:** 1820 Gateway Drive Suite 300, Palo Alto, CA, 94404
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 30
## 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*