# PPP loan: MARBURG TECHNOLOGY INC
> **$350K** approved 03/31/2021 · Paid in Full · Loan `3671388701`
## Borrower
- **Name:** MARBURG TECHNOLOGY INC
- **Address:** 304 Turquoise St, Milpitas, CA, 95035-5431
- **NAICS:** 334118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*