# PPP loan: MICRO-TRONICS, INC.
> **$1.74M** approved 04/05/2020 · Paid in Full · Loan `5567107004`
## Borrower
- **Name:** MICRO-TRONICS, INC.
- **Address:** 2905 S Potter Dr, TEMPE, AZ, 85282-3138
- **NAICS:** 326291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 136
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*