# PPP loan: METAWAVE CORPORATION
> **$761K** approved 05/01/2020 · Paid in Full · Loan `3067017703`
## Borrower
- **Name:** METAWAVE CORPORATION
- **Address:** 1023 Corporation way, PALO ALTO, CA, 94303
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $761K
- **Initial approval:** $761K
- **Forgiven:** $767K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Rent:** $112K
- **Utilities:** $9K
- **Health care:** $50K
- **Jobs reported:** 36
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*