# PPP loan: AGORIC SYSTEMS OPERATING COMPANY
> **$278K** approved 03/20/2021 · Paid in Full · Loan `5029928601`
## Borrower
- **Name:** AGORIC SYSTEMS OPERATING COMPANY
- **Address:** 2437 Hastings Dr, Belmont, CA, 94002-3319
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 14
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*