# PPP loan: MULTICOREWARE, INC.
> **$296K** approved 04/11/2020 · Paid in Full · Loan `3570467107`
## Borrower
- **Name:** MULTICOREWARE, INC.
- **Address:** 4010 Moorpark Ave, Suite No. 228, San Jose, CA, 95117
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 16
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*