# PPP loan: ELECTRO MAGNETIC TEST INC.
> **$360K** approved 02/20/2021 · Paid in Full · Loan `2570678505`
## Borrower
- **Name:** ELECTRO MAGNETIC TEST INC.
- **Address:** 1547 Plymouth St, Mountain View, CA, 94043-1229
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*