# PPP loan: MATRIX LOGIC CORPORATION
> **$285K** approved 04/27/2020 · Paid in Full · Loan `5054947210`
## Borrower
- **Name:** MATRIX LOGIC CORPORATION
- **Address:** 1380 EAST AVE, CHICO, CA, 95926
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of Marin
- **Servicing:** Bank of Marin (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*