# PPP loan: SUNFOLDING INC.
> **$950K** approved 03/05/2021 · Paid in Full · Loan `6994588504`
## Borrower
- **Name:** SUNFOLDING INC.
- **Address:** 2401 Monarch St, Alameda, CA, 94501-7513
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $961K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*