# PPP loan: PLEX, INC
> **$1.17M** approved 04/30/2020 · Paid in Full · Loan `7655907301`
## Borrower
- **Name:** PLEX, INC
- **Address:** 449 North Santa Cruz Ave, Los Gatos, CA, 95030
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.19M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Mortgage interest:** $10K
- **Utilities:** $12K
- **Jobs reported:** 47
## 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*