# PPP loan: EPAC TECHNOLOGIES, INC
> **$580K** approved 07/24/2020 · Paid in Full · Loan `8055768108`
## Borrower
- **Name:** EPAC TECHNOLOGIES, INC
- **Address:** 2561 Grant Avenue, San Leandro, CA, 94579
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $589K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $580K
- **Jobs reported:** 43
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*