# PPP loan: MATERIA INC
> **$2.00M** approved 04/10/2020 · Paid in Full · Loan `1191257104`
## Borrower
- **Name:** MATERIA INC
- **Address:** 60 N SAN GABRIEL BLVD, PASADENA, CA, 91107-3748
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 72
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*