# PPP loan: SWRVE NEW MEDIA INC
> **$590K** approved 04/28/2020 · Paid in Full · Loan `8137337203`
## Borrower
- **Name:** SWRVE NEW MEDIA INC
- **Address:** 703 Market Street, 13th floor, San Francisco, CA, 94103
- **NAICS:** 519190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $471K (80%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Mortgage interest:** $120K
- **Utilities:** $20K
- **Jobs reported:** 22
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*