# PPP loan: MICROWATT APPLICATIONS, LLC
> **$580K** approved 05/13/2020 · Paid in Full · Loan `6044097401`
## Borrower
- **Name:** MICROWATT APPLICATIONS, LLC
- **Address:** 7755 S RESEARCH DR, TEMPE, AZ, 85284-1816
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Jobs reported:** 34
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*