# PPP loan: KINETIC TECHNOLOGIES INC
> **$876K** approved 04/28/2020 · Paid in Full · Loan `6528347204`
## Borrower
- **Name:** KINETIC TECHNOLOGIES INC
- **Address:** 6399 San Ignacio Ave Suite 250, SAN JOSE, CA, 95119-1215
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $676K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $876K
- **Jobs reported:** 64
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*