# PPP loan: CY RESEARCH INC.
> **$530K** approved 01/27/2021 · Paid in Full · Loan `7112198302`
## Borrower
- **Name:** CY RESEARCH INC.
- **Address:** 4841 Tramway Ridge Dr NE, Albuquerque, NM, 87111-2787
- **NAICS:** 541910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 11/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 19
## Lender
- **Originating:** Main Bank
- **Servicing:** Main Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*