# PPP loan: TUCSON EMBEDDED SYSTEMS, INC.
> **$1.04M** approved 04/09/2020 · Paid in Full · Loan `1120457108`
## Borrower
- **Name:** TUCSON EMBEDDED SYSTEMS, INC.
- **Address:** 5620 N Kolb Rd ste 160, TUCSON, AZ, 85750-0731
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Utilities:** $259K
- **Jobs reported:** 54
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*