# PPP loan: SOLEEVA ENERGY INC.
> **$198K** approved 04/15/2020 · Paid in Full · Loan `1541827208`
## Borrower
- **Name:** SOLEEVA ENERGY INC.
- **Address:** 1938 JUNCTION AVE, SAN JOSE, CA, 95131
- **NAICS:** 221114
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $28K
- **Health care:** $4K
- **Jobs reported:** 22
## 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*