# PPP loan: NARWHAL TECHNOLOGIES INC.
> **$290K** approved 04/15/2020 · Paid in Full · Loan `2028487206`
## Borrower
- **Name:** NARWHAL TECHNOLOGIES INC.
- **Address:** 2200 E Williams Field Rd, Ste 200, Gilbert, AZ, 85295
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Mortgage interest:** $8K
- **Jobs reported:** 11
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*