# PPP loan: AUTOMATION AND ENTERTAINMENT, INC
> **$165K** approved 05/01/2020 · Charged Off · Loan `8286497710`
## Borrower
- **Name:** AUTOMATION AND ENTERTAINMENT, INC
- **Address:** 25870 SOQUEL RD, LOS GATOS, CA, 95033
- **NAICS:** 332911
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $18K (11%)
- **Forgiveness date:** 08/16/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 1
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*