# PPP loan: EDIFY LABS, INC.
> **$575K** approved 04/28/2020 · Paid in Full · Loan `8565517205`
## Borrower
- **Name:** EDIFY LABS, INC.
- **Address:** 401 Wilshire Blvd, Santa Monica, CA, 90401
- **NAICS:** 511199
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 31
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*