# PPP loan: SHOOF TECHNOLOGIES INC
> **$285K** approved 05/08/2020 · Paid in Full · Loan `4063997407`
## Borrower
- **Name:** SHOOF TECHNOLOGIES INC
- **Address:** 10549 San Felipe Road, Cupertino, CA, 95014
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Mortgage interest:** $8K
- **Jobs reported:** 15
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*