# PPP loan: TESTCO, INC
> **$157K** approved 04/29/2020 · Paid in Full · Loan `3294857305`
## Borrower
- **Name:** TESTCO, INC
- **Address:** 1290 Kifer Road Suite 308, Sunnyvale, CA, 94086-5323
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Mortgage interest:** $31K
- **Jobs reported:** 9
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*