# PPP loan: EVOLUTION SURGICAL INC
> **$1.59M** approved 04/27/2020 · Exemption 4 · Loan `4071397208`
## Borrower
- **Name:** EVOLUTION SURGICAL INC
- **Address:** 46531 Fremont Blvd, Fremont, CA, 94538-6409
- **NAICS:** 622110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.23M (77%)
- **Forgiveness date:** 10/05/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 54
## Lender
- **Originating:** Endeavor Bank
- **Servicing:** Endeavor Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*