# PPP loan: MICROLAND ELECTRONICS CORP
> **$629K** approved 04/29/2020 · Paid in Full · Loan `1981817307`
## Borrower
- **Name:** MICROLAND ELECTRONICS CORP
- **Address:** 1883 Ringwood Ave, San Jose, CA, 95131-1721
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $638K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $629K
- **Jobs reported:** 50
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*