# PPP loan: EVOLVE MANUFACTURING TECHNOLOGIES, INC
> **$681K** approved 04/13/2020 · Paid in Full · Loan `4243897104`
## Borrower
- **Name:** EVOLVE MANUFACTURING TECHNOLOGIES, INC
- **Address:** 47300 BAYSIDE PKWY, FREMONT, CA, 94538-6516
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $687K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Mortgage interest:** $136K
- **Jobs reported:** 49
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*