# PPP loan: MICROBOARD PROCESSING INC.
> **$1.59M** approved 04/13/2021 · Paid in Full · Loan `3002078803`
## Borrower
- **Name:** MICROBOARD PROCESSING INC.
- **Address:** 36 Cogwheel Ln, Seymour, CT, 06483-3922
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 128
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*