# PPP loan: FOCAL TECH INC
> **$169K** approved 01/23/2021 · Paid in Full · Loan `4572308306`
## Borrower
- **Name:** FOCAL TECH INC
- **Address:** 301 Science Park Rd Ste 123, State College, PA, 16803-2293
- **NAICS:** 511210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 11
## Lender
- **Originating:** Arize FCU
- **Servicing:** Arize FCU (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*