# PPP loan: MNEMONICS INC
> **$1.05M** approved 02/24/2021 · Paid in Full · Loan `3876408502`
## Borrower
- **Name:** MNEMONICS INC
- **Address:** 3900 Dow Rd Ste J, Melbourne, FL, 32934-9214
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 70
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*