# PPP loan: FACILICORP
> **$428K** approved 04/28/2020 · Paid in Full · Loan `8723467210`
## Borrower
- **Name:** FACILICORP
- **Address:** 2087 RINGWOOD AVE SUITE 50, SAN JOSE, CA, 95131-1785
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Rent:** $25K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 18
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*