# PPP loan: MA LABORATORIES, INC
> **$4.40M** approved 04/14/2020 · Paid in Full · Loan `7296707101`
## Borrower
- **Name:** MA LABORATORIES, INC
- **Address:** 2075 North Capitol Ave 0.0, San Jose, CA, 95132-1009
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.40M
- **Initial approval:** $4.40M
- **Forgiven:** $4.46M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.10M
- **Rent:** $300K
- **Jobs reported:** 343
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*