# PPP loan: ALLCLEAR ID INC.
> **$1.47M** approved 02/14/2021 · Exemption 4 · Loan `8955158402`
## Borrower
- **Name:** ALLCLEAR ID INC.
- **Address:** 9600 Escarpment Blvd Ste 745 PMB 225, Austin, TX, 78749-1983
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.25M (85%)
- **Forgiveness date:** 04/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 44
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*