# PPP loan: MICROPHASE CORPORATION
> **$467K** approved 04/11/2020 · Paid in Full · Loan `2767767102`
## Borrower
- **Name:** MICROPHASE CORPORATION
- **Address:** 100 TRAP FALLS ROAD EXT, SHELTON, CT, 06484-4646
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $467K
- **Jobs reported:** 35
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*