# PPP loan: SSIT, INC
> **$1.22M** approved 05/01/2020 · Paid in Full · Loan `6094887705`
## Borrower
- **Name:** SSIT, INC
- **Address:** 4353 N FIRST STREET, SUITE 100, SAN JOSE, CA, 95134
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $205K (17%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 14
## 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*