# PPP loan: URC VENTURES INC.
> **$368K** approved 04/15/2020 · Paid in Full · Loan `9866117103`
## Borrower
- **Name:** URC VENTURES INC.
- **Address:** 8201 164th Ave NE Suite 200, Redmond, WA, 98052
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $14K
- **Jobs reported:** 18
## 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*