# PPP loan: SPHERO INC.
> **$2.60M** approved 04/14/2020 · Paid in Full · Loan `7580587110`
## Borrower
- **Name:** SPHERO INC.
- **Address:** 4775 WALNUT ST Suite 100, BOULDER, CO, 80301-2500
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $2.63M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 74
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*