# PPP loan: LIGHTSPEED TECHNOLOGIES INC.
> **$1.79M** approved 04/14/2020 · Paid in Full · Loan `7404567105`
## Borrower
- **Name:** LIGHTSPEED TECHNOLOGIES INC.
- **Address:** 11509 SW Herman Road, TUALATIN, OR, 97062-8033
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.81M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $18K
- **Jobs reported:** 83
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*