# PPP loan: MICROWAVE TRANSMISSION SYSTEMS, INC.
> **$5.58M** approved 04/14/2020 · Paid in Full · Loan `7444647110`
## Borrower
- **Name:** MICROWAVE TRANSMISSION SYSTEMS, INC.
- **Address:** 1751 JAY ELL DR, RICHARDSON, TX, 75081-1835
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.58M
- **Initial approval:** $5.58M
- **Forgiven:** $5.65M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.47M
- **Mortgage interest:** $1.12M
- **Jobs reported:** 225
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*