# PPP loan: FIBEROPTIC SYSTEMS INC
> **$492K** approved 05/01/2020 · Paid in Full · Loan `5408997702`
## Borrower
- **Name:** FIBEROPTIC SYSTEMS INC
- **Address:** 60 MORELAND RD STE A, SIMI VALLEY, CA, 93065-1643
- **NAICS:** 335921
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $492K
- **Initial approval:** $523K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 34
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*