# PPP loan: ONED MATERIAL INC
> **$205K** approved 04/30/2020 · Paid in Full · Loan `7411887301`
## Borrower
- **Name:** ONED MATERIAL INC
- **Address:** 2625 Hanover St, Pao Alto, CA, 94304
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $40K
- **Jobs reported:** 10
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **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*