# PPP loan: IPOT CUPERTINO LLC
> **$331K** approved 02/06/2021 · Exemption 4 · Loan `4605728409`
## Borrower
- **Name:** IPOT CUPERTINO LLC
- **Address:** 19062 Stevens Creek Blvd, Cupertino, CA, 95014-2522
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $246K (74%)
- **Forgiveness date:** 01/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*