# PPP loan: MICROFLEX AUTOMOTIVE INC.
> **$302K** approved 04/07/2020 · Paid in Full · Loan `6994247010`
## Borrower
- **Name:** MICROFLEX AUTOMOTIVE INC.
- **Address:** 1800 US HIGHWAY 1, ORMOND BEACH, FL, 32174-2578
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 25
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*