# PPP loan: EMA DESIGN AUTOMATION INC
> **$1.35M** approved 04/15/2020 · Paid in Full · Loan `1071867203`
## Borrower
- **Name:** EMA DESIGN AUTOMATION INC
- **Address:** 225 Tech Park Drive, Rochester, NY, 14623
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Health care:** $200K
- **Jobs reported:** 101
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*