# PPP loan: ENOVIX CORPORATION
> **$1.63M** approved 04/12/2020 · Paid in Full · Loan `4137227109`
## Borrower
- **Name:** ENOVIX CORPORATION
- **Address:** 3501 W. Warren Avenue, Fremont, CA, 94538
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Rent:** $49K
- **Utilities:** $60K
- **Jobs reported:** 90
## 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*