# PPP loan: FACILITRON INC
> **$1.35M** approved 02/04/2021 · Exemption 4 · Loan `3362678407`
## Borrower
- **Name:** FACILITRON INC
- **Address:** 485 Alberto Way Ste 220, Los Gatos, CA, 95032-5476
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $590K (44%)
- **Forgiveness date:** 10/20/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 47
## 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*