# PPP loan: OZTERA INC.
> **$557K** approved 04/14/2020 · Paid in Full · Loan `6489517105`
## Borrower
- **Name:** OZTERA INC.
- **Address:** 48580 KATO RD, FREMONT, CA, 94538-7338
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Rent:** $27K
- **Utilities:** $4K
- **Health care:** $35K
- **Jobs reported:** 26
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*