# PPP loan: MICROARRAYS INC
> **$231K** approved 04/29/2020 · Paid in Full · Loan `3239437305`
## Borrower
- **Name:** MICROARRAYS INC
- **Address:** 800 HUDSON WAY NW STE 2200, HUNTSVILLE, AL, 35806
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 13
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*