# PPP loan: MICROCAST TECHNOLOGIES CORP
> **$1.13M** approved 02/06/2021 · Paid in Full · Loan `4801388400`
## Borrower
- **Name:** MICROCAST TECHNOLOGIES CORP
- **Address:** 1611 W Elizabeth Ave, Linden, NJ, 07036-6342
- **NAICS:** 331523
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $1
- **Jobs reported:** 136
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*