# PPP loan: ORBIT FAB, INC.
> **$150K** approved 04/13/2020 · Paid in Full · Loan `5127617109`
## Borrower
- **Name:** ORBIT FAB, INC.
- **Address:** 2010 El Camino Real, No. 622, Santa Clara, CA, 95050
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Mortgage interest:** $150K
- **Jobs reported:** 6
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*