# PPP loan: 509 TIME, INC
> **$1.20M** approved 02/12/2021 · Paid in Full · Loan `7474958400`
## Borrower
- **Name:** 509 TIME, INC
- **Address:** 585 Rainier Ave S, Renton, WA, 98057-2412
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 72
## Lender
- **Originating:** Pacific West Bank
- **Servicing:** Pacific West Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*