# PPP loan: ARTERIS, INC.
> **$1.59M** approved 04/14/2020 · Paid in Full · Loan `6657537100`
## Borrower
- **Name:** ARTERIS, INC.
- **Address:** 595 MILLICH DR SUITE 200, CAMPBELL, CA, 95008-0550
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $125K
- **Health care:** $182K
- **Debt interest:** $14K
- **Jobs reported:** 92
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*