# PPP loan: PROTERRA, INC
> **$10.00M** approved 04/30/2020 · Paid in Full · Loan `7183387301`
## Borrower
- **Name:** PROTERRA, INC
- **Address:** 1815 ROLLINS RD, BURLINGAME, CA, 94010-2204
- **NAICS:** 485111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.20M (102%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Town Center Bank
- **Servicing:** Town Center Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*