# PPP loan: COLLEGENET INC.
> **$3.41M** approved 04/08/2020 · Paid in Full · Loan `8576067000`
## Borrower
- **Name:** COLLEGENET INC.
- **Address:** 805 SW Broadway Suite 1600, PORTLAND, OR, 97205-3300
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.41M
- **Initial approval:** $3.41M
- **Forgiven:** $3.45M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.41M
- **Jobs reported:** 166
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*