# PPP loan: AMPEX DATA SYSTEMS CORPORATION
> **$1.26M** approved 05/01/2020 · Paid in Full · Loan `5673307706`
## Borrower
- **Name:** AMPEX DATA SYSTEMS CORPORATION
- **Address:** 26460 CORPORATE AVE, HAYWARD, CA, 94545-3914
- **NAICS:** 334112
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 57
## 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*