# PPP loan: ERUDITE TECHNOLOGY GROUP
> **$268K** approved 05/01/2020 · Paid in Full · Loan `5571057702`
## Borrower
- **Name:** ERUDITE TECHNOLOGY GROUP
- **Address:** 2525 E BAYSHORE RD, PALO ALTO, CA, 94303-3210
- **NAICS:** 999990
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 34
## 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*