# PPP loan: OPEN ASSESSMENT TECHNOLOGIES CORP.
> **$240K** approved 04/27/2020 · Paid in Full · Loan `5416737204`
## Borrower
- **Name:** OPEN ASSESSMENT TECHNOLOGIES CORP.
- **Address:** 156 2nd Street, San Francisco, CA, 94105
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $211K (88%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 10
## 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*