# PPP loan: INCEPTIO TECHNOLOGY INC.
> **$916K** approved 04/27/2020 · Paid in Full · Loan `4952967202`
## Borrower
- **Name:** INCEPTIO TECHNOLOGY INC.
- **Address:** 47221 FREMONT BLVD, FREMONT, CA, 94538-6502
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $916K
- **Initial approval:** $916K
- **Forgiven:** $925K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $916K
- **Jobs reported:** 47
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*