# PPP loan: INFOVITY, INC.
> **$994K** approved 04/08/2020 · Paid in Full · Loan `8644197007`
## Borrower
- **Name:** INFOVITY, INC.
- **Address:** 1731 Embarcadero Rd. Ste. #230, PALO ALTO, CA, 94303-3303
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $994K
- **Initial approval:** $994K
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Rent:** $248K
- **Jobs reported:** 35
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*