# PPP loan: ELECTRO-MAGNETIC APPLICATIONS, INCORPORATED
> **$264K** approved 04/06/2020 · Paid in Full · Loan `6339457007`
## Borrower
- **Name:** ELECTRO-MAGNETIC APPLICATIONS, INCORPORATED
- **Address:** 7655 W Mississippi Ave Ste 300, DENVER, CO, 80226-4319
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $66K
- **Jobs reported:** 22
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*