# PPP loan: SKIFT, INC.
> **$1.10M** approved 04/15/2020 · Paid in Full · Loan `9667477103`
## Borrower
- **Name:** SKIFT, INC.
- **Address:** 958 Terra Bella Ave, San Jose, CA, 95125
- **NAICS:** 541840
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.10M (100%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $948K
- **Rent:** $150K
- **Jobs reported:** 47
## 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*