# PPP loan: PROMEX INDUSTRIES, INC.
> **$1.75M** approved 04/07/2020 · Paid in Full · Loan `7546857006`
## Borrower
- **Name:** PROMEX INDUSTRIES, INC.
- **Address:** 3075 OAKMEAD VILLAGE DR, SANTA CLARA, CA, 95051-0811
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Rent:** $102K
- **Health care:** $256K
- **Jobs reported:** 117
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*