# PPP loan: DEEPSEE.AI INC.
> **$440K** approved 04/15/2020 · Exemption 4 · Loan `9290987102`
## Borrower
- **Name:** DEEPSEE.AI INC.
- **Address:** 90 South 400 West, Salt Lake City, UT, 84101
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $280K (64%)
- **Forgiveness date:** 09/26/2022
- **Status:** Exemption 4
- **Term:** 9 months
## Use of funds
- **Payroll:** $420K
- **Rent:** $20K
- **Jobs reported:** 17
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*