# PPP loan: SWISSRAY INTERNATIONAL INC
> **$353K** approved 04/13/2020 · Paid in Full · Loan `5483337104`
## Borrower
- **Name:** SWISSRAY INTERNATIONAL INC
- **Address:** 1090 King Georges Post Road Unit 1203, Edison, NJ, 08837
- **NAICS:** 334517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Mortgage interest:** $39K
- **Utilities:** $13K
- **Jobs reported:** 17
## 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*