# PPP loan: COLLABIP, INC
> **$1.15M** approved 04/14/2020 · Paid in Full · Loan `7340557102`
## Borrower
- **Name:** COLLABIP, INC
- **Address:** 9606 North Mo Pac Expressway Bldg 1, AUSTIN, TX, 78759-5949
- **NAICS:** 519190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $53K
- **Health care:** $88K
- **Jobs reported:** 48
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*