# PPP loan: SYCOMP A TECHNOLOGY COMPANY, INC.
> **$2.47M** approved 04/16/2020 · Exemption 4 · Loan `3007177202`
## Borrower
- **Name:** SYCOMP A TECHNOLOGY COMPANY, INC.
- **Address:** 950 TOWER LN Ste 178, FOSTER CITY, CA, 94404-2121
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.47M
- **Initial approval:** $2.47M
- **Forgiven:** $1.84M (74%)
- **Forgiveness date:** 11/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.47M
- **Jobs reported:** 115
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*