# PPP loan: SHOPGATE INC.
> **$537K** approved 06/30/2020 · Paid in Full · Loan `7000798006`
## Borrower
- **Name:** SHOPGATE INC.
- **Address:** 2222 Rio Grande Street Suite 300, Austin, TX, 78705
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $392K (73%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Jobs reported:** 27
## 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*