# PPP loan: JOYRUN, INC
> **$480K** approved 04/30/2020 · Paid in Full · Loan `7488027310`
## Borrower
- **Name:** JOYRUN, INC
- **Address:** 420 Maple St., Redwood City, CA, 94063
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $480K
- **Initial approval:** $362K
- **Forgiven:** $426K (89%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Mortgage interest:** $24K
- **Utilities:** $1K
- **Jobs reported:** 9
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*