# PPP loan: HALO ELECTRONICS INC
> **$306K** approved 05/01/2020 · Paid in Full · Loan `1109607703`
## Borrower
- **Name:** HALO ELECTRONICS INC
- **Address:** 2933 BUNKER HILL LN STE 200, SANTA CLARA, CA, 95054
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $48K
- **Health care:** $13K
- **Jobs reported:** 19
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*