# PPP loan: PLATO BIOPHARMA, INC.
> **$460K** approved 04/14/2020 · Paid in Full · Loan `7903497102`
## Borrower
- **Name:** PLATO BIOPHARMA, INC.
- **Address:** 7581 W 103RD AVE STE 300, Westminster, CO, 80021-4016
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Rent:** $36K
- **Utilities:** $9K
- **Jobs reported:** 28
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*