# PPP loan: R&D MICROWAVES LLC
> **$261K** approved 05/01/2020 · Paid in Full · Loan `4016007705`
## Borrower
- **Name:** R&D MICROWAVES LLC
- **Address:** 301 ROCKAWAY VALLEY ROAD BUILDING 3, BOONTON, NJ, 07005
- **NAICS:** 334220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 16
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*