# PPP loan: HYPERCONNECT LAB INC
> **$260K** approved 02/11/2021 · Paid in Full · Loan `7403448403`
## Borrower
- **Name:** HYPERCONNECT LAB INC
- **Address:** 68 Willow Rd, Menlo Park, CA, 94025-3653
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*