# PPP loan: ALCATRAZ AI, INC.
> **$270K** approved 07/28/2020 · Paid in Full · Loan `9552968104`
## Borrower
- **Name:** ALCATRAZ AI, INC.
- **Address:** 1808 El Camino Real, Redwood City, CA, 94063-2111
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 20
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*