# PPP loan: SILICON VALLEY LEARNING BEE ACADEMY INC
> **$190K** approved 01/28/2021 · Exemption 4 · Loan `7499448309`
## Borrower
- **Name:** SILICON VALLEY LEARNING BEE ACADEMY INC
- **Address:** 39977 Mission Blvd, Fremont, CA, 94539-3627
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $136K (71%)
- **Forgiveness date:** 04/24/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*