# PPP loan: SAITECH INC
> **$288K** approved 02/13/2021 · Paid in Full · Loan `8419208400`
## Borrower
- **Name:** SAITECH INC
- **Address:** 42640 Christy St, Fremont, CA, 94538-3135
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 03/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*