# PPP loan: TROXLER ELECTRONIC LABORATORIES, INC
> **$1.45M** approved 04/14/2020 · Paid in Full · Loan `7288577110`
## Borrower
- **Name:** TROXLER ELECTRONIC LABORATORIES, INC
- **Address:** 3008 Cornwallis Road, Research Triangle Park, NC, 27709
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.41M (97%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 107
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*