# PPP loan: UPGRADE, INC.
> **$4.30M** approved 04/09/2020 · Paid in Full · Loan `9255197008`
## Borrower
- **Name:** UPGRADE, INC.
- **Address:** 275 Battery Street Suite 2300, SAN FRANCISCO, CA, 94111-3300
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.30M
- **Initial approval:** $4.30M
- **Forgiven:** $4.35M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.35M
- **Rent:** $650K
- **Health care:** $300K
- **Jobs reported:** 248
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*