# PPP loan: MATCHPOINT SOLUTIONS INC
> **$2.38M** approved 04/09/2020 · Paid in Full · Loan `1116427107`
## Borrower
- **Name:** MATCHPOINT SOLUTIONS INC
- **Address:** 3875 Hopyard Road Suite 325, PLEASANTON, CA, 94566
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.38M
- **Initial approval:** $3.26M
- **Forgiven:** $2.41M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.34M
- **Rent:** $20K
- **Health care:** $15K
- **Jobs reported:** 114
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*