# PPP loan: MICROWAVE TELEMETRY INC
> **$276K** approved 05/04/2020 · Paid in Full · Loan `1628127409`
## Borrower
- **Name:** MICROWAVE TELEMETRY INC
- **Address:** 8835 Columbia 100 Parkway, Suites K&L, Columbia, MD, 21045
- **NAICS:** 334511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $277K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 21
## Lender
- **Originating:** Severn Bank, A Division of
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*