# PPP loan: SPACETONE ACOUSTICS INC.
> **$1.63M** approved 01/20/2021 · Paid in Full · Loan `2170338302`
## Borrower
- **Name:** SPACETONE ACOUSTICS INC.
- **Address:** 1051 Serpentine Ln Ste 300, Pleasanton, CA, 94566-8451
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.11M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.63M
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Community Bank of the Bay
- **Servicing:** Community Bank of the Bay (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*