# PPP loan: MICRADEX SYSTEMS, LLC
> **$356K** approved 05/01/2020 · Charged Off · Loan `4630927710`
## Borrower
- **Name:** MICRADEX SYSTEMS, LLC
- **Address:** 3801 BEAM RD SUITE C, CHARLOTTE, NC, 28217
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $15K
- **Forgiven:** $16K (4%)
- **Forgiveness date:** 02/02/2023
- **Status:** Charged Off
- **Term:** 77 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 2
## 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*