# PPP loan: APPLIED CERAMICS, INC.
> **$1.16M** approved 04/30/2020 · Paid in Full · Loan `6531877309`
## Borrower
- **Name:** APPLIED CERAMICS, INC.
- **Address:** 48630 MILMONT DRIVE, FREMONT, CA, 94538
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 90
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*