PPP Loan information for Microland electronics corp

$629,100

Microland electronics corp was initially approved for PPP Loan of amount $629,100, the current approved amount is $629,100. The loan was approved on 04/29/2020 by The Comerica Bank reported 50 jobs and $629,100 was used to fund payroll.

Microland electronics corp is Existing or more than 2 years old

MICROLAND ELECTRONICS CORP

Date Approved

04/29/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MICROLAND ELECTRONICS CORP

Borrower Address

1883 Ringwood Ave

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95131-1721

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629100.00

Current Approval Amount

629100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1721

CD

CA-17

Jobs Reported

50

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

629100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

638012.25

Forgiveness Date

09/29/2021

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