# PPP loan: ORTUS LABS, LLC
> **$389K** approved 04/15/2020 · Paid in Full · Loan `8778327102`
## Borrower
- **Name:** ORTUS LABS, LLC
- **Address:** 6160 WARREN PKWY Suite 100, FRISCO, TX, 75034-6515
- **NAICS:** 517919
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $17K
- **Health care:** $17K
- **Jobs reported:** 23
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*