# PPP loan: PROSPANCE INC
> **$1.12M** approved 01/28/2021 · Exemption 4 · Loan `7195798310`
## Borrower
- **Name:** PROSPANCE INC
- **Address:** 4221 Business Center Dr Ste 1, Fremont, CA, 94538-6359
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 46
## 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*