# PPP loan: AXELLIO INC.
> **$389K** approved 04/08/2020 · Paid in Full · Loan `8371407002`
## Borrower
- **Name:** AXELLIO INC.
- **Address:** 2375 Telstar Drive Suite 150, Colorado Springs, CO, 80920-1028
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $389K
- **Jobs reported:** 13
## Lender
- **Originating:** 5Star Bank
- **Servicing:** 5Star Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*