# PPP loan: CNEX LABS, INC.
> **$1000K** approved 04/13/2020 · Paid in Full · Loan `5213867110`
## Borrower
- **Name:** CNEX LABS, INC.
- **Address:** 2880 Stevens Creek Blvd Suite 300, San Jose, CA, 95128
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1000K
- **Initial approval:** $1000K
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1000K
- **Jobs reported:** 52
## 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*