# PPP loan: LATTE INC
> **$382K** approved 05/01/2020 · Exemption 4 · Loan `4984847707`
## Borrower
- **Name:** LATTE INC
- **Address:** 1108 N MATHILDA AVE, SUNNYVALE, CA, 94089-1206
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $131K (34%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 51
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*