# PPP loan: SOTA TECHNOLOGY, INC.
> **$162K** approved 04/08/2020 · Paid in Full · Loan `8309777007`
## Borrower
- **Name:** SOTA TECHNOLOGY, INC.
- **Address:** 2470 XCELSIOR DR, OXFORD, MI, 48371-2368
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 11
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*