# PPP loan: PALO ALTO MEU, INC
> **$241K** approved 06/15/2020 · Paid in Full · Loan `4967307903`
## Borrower
- **Name:** PALO ALTO MEU, INC
- **Address:** 1316 El Paseo de Saratoga, San Jose, CA, 95130
- **NAICS:** 621399
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 45
## Lender
- **Originating:** Fundbox, Inc.
- **Servicing:** Fundbox, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*