# PPP loan: WAVE COMPUTING, INC.
> **$4.61M** approved 04/30/2020 · Paid in Full · Loan `7559367305`
## Borrower
- **Name:** WAVE COMPUTING, INC.
- **Address:** 3201 Scott Blvd Suite 301, Santa Clara, CA, 95054
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.61M
- **Initial approval:** $4.61M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.48M
- **Mortgage interest:** $122K
- **Utilities:** $8K
- **Jobs reported:** 29
## 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*