# PPP loan: IMPEDIMED INC
> **$1.14M** approved 05/01/2020 · Paid in Full · Loan `6532767705`
## Borrower
- **Name:** IMPEDIMED INC
- **Address:** 5900 Pasteur Ct Ste 125, Carlsbad, CA, 92008
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 45
## 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*