# PPP loan: SPIN MEMORY INC.
> **$1.06M** approved 02/20/2021 · Paid in Full · Loan `2314158503`
## Borrower
- **Name:** SPIN MEMORY INC.
- **Address:** 45500 Northport Loop W, Fremont, CA, 94538-6498
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Status:** Paid in Full
- **Term:** 47 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 51
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*