# PPP loan: MIASOLE HI-TECH CORP.
> **$5.58M** approved 04/13/2020 · Exemption 4 · Loan `4249537102`
## Borrower
- **Name:** MIASOLE HI-TECH CORP.
- **Address:** 2590 Walsh Avenue 0.0, Santa Clara, CA, 95051-1315
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.58M
- **Initial approval:** $5.58M
- **Forgiven:** $2.55M (46%)
- **Forgiveness date:** 07/29/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.31M
- **Utilities:** $267K
- **Jobs reported:** 272
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*