# PPP loan: NEOTERIC SOLUTION INC
> **$225K** approved 04/11/2020 · Paid in Full · Loan `2602687104`
## Borrower
- **Name:** NEOTERIC SOLUTION INC
- **Address:** 3120 OSGOOD CT, FREMONT, CA, 94539-5652
- **NAICS:** 454110
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $242K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 21
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*