# PPP loan: AGILE STACKS INC.
> **$245K** approved 02/18/2021 · Charged Off · Loan `1387258505`
## Borrower
- **Name:** AGILE STACKS INC.
- **Address:** 400 Concar Dr, San Mateo, CA, 94402-2681
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $159K (65%)
- **Forgiveness date:** 05/17/2022
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*