# PPP loan: FACILITRON, INC.
> **$699K** approved 05/01/2020 · Paid in Full · Loan `5585917701`
## Borrower
- **Name:** FACILITRON, INC.
- **Address:** 485 ALBERTO WAY STE 220, LOS GATOS, CA, 95032
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $699K
- **Initial approval:** $699K
- **Forgiven:** $682K (98%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $699K
- **Jobs reported:** 53
## 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*