# PPP loan: FUNCTION ENGINEERING, INC
> **$843K** approved 04/27/2020 · Paid in Full · Loan `5055947201`
## Borrower
- **Name:** FUNCTION ENGINEERING, INC
- **Address:** 163 Everett Ave, Palo Alto, CA, 94301-1033
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $852K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Jobs reported:** 39
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*