# PPP loan: KITU SYSTEMS, INC.
> **$571K** approved 04/27/2020 · Paid in Full · Loan `4051947210`
## Borrower
- **Name:** KITU SYSTEMS, INC.
- **Address:** 3760 CONVOY ST 230, SAN DIEGO, CA, 92111-3725
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Rent:** $26K
- **Health care:** $31K
- **Jobs reported:** 33
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*