# PPP loan: MICROMED INC.
> **$1.51M** approved 04/15/2020 · Paid in Full · Loan `1090387207`
## Borrower
- **Name:** MICROMED INC.
- **Address:** 10820 Walker Street, Cypress, CA, 90630-5011
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 79
## Lender
- **Originating:** Endeavor Bank
- **Servicing:** Endeavor Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*