# PPP loan: LAYERED LOGIC INC
> **$194K** approved 05/01/2020 · Paid in Full · Loan `4523297705`
## Borrower
- **Name:** LAYERED LOGIC INC
- **Address:** 16983 KENNEDY RD, LOS GATOS, CA, 95032
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 11
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*