# PPP loan: ROBO, LLC
> **$690K** approved 04/09/2020 · Paid in Full · Loan `9545807010`
## Borrower
- **Name:** ROBO, LLC
- **Address:** 7611 N Rickenbacker Drive, GAITHERSBURG, MD, 20879
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $690K
- **Initial approval:** $690K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Mortgage interest:** $97K
- **Utilities:** $41K
- **Jobs reported:** 163
## Lender
- **Originating:** Bank of Botetourt
- **Servicing:** Bank of Botetourt (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*