# PPP loan: OUTPACE SYSTEMS INC
> **$320K** approved 01/22/2021 · Paid in Full · Loan `3440418308`
## Borrower
- **Name:** OUTPACE SYSTEMS INC
- **Address:** 132 Pheasant Ct, Alamo, CA, 94507-2251
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 13
## Lender
- **Originating:** Solera National Bank
- **Servicing:** Solera National Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*