# PPP loan: MATRISCOPE ENGINEERING LABORATORIES, INC
> **$496K** approved 04/28/2020 · Paid in Full · Loan `1837407308`
## Borrower
- **Name:** MATRISCOPE ENGINEERING LABORATORIES, INC
- **Address:** 601 Bercut Drive, SACRAMENTO, CA, 95811
- **NAICS:** 541330
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Mortgage interest:** $99K
- **Utilities:** $25K
- **Jobs reported:** 27
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*