# PPP loan: TRUCEPT, INC
> **$380K** approved 05/04/2020 · Paid in Full · Loan `1589647408`
## Borrower
- **Name:** TRUCEPT, INC
- **Address:** 600 La Terraza Blvd, ESCONDIDO, CA, 92027
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $387K (102%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 40
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*