# PPP loan: SITEPEN INC
> **$770K** approved 04/14/2020 · Paid in Full · Loan `6085097103`
## Borrower
- **Name:** SITEPEN INC
- **Address:** 530 Lytton Ave 2nd Floor, PALO ALTO, CA, 94301-1556
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $779K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $578K
- **Health care:** $193K
- **Jobs reported:** 33
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*