# PPP loan: SILATRONIX, INC.
> **$358K** approved 04/08/2020 · Paid in Full · Loan `7962857005`
## Borrower
- **Name:** SILATRONIX, INC.
- **Address:** 3587 Anderson Street, Suite 108, MADISON, WI, 53704-2560
- **NAICS:** 334515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $358K
- **Jobs reported:** 16
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*