# PPP loan: HYPER MICROSYSTEMS INC.
> **$512K** approved 04/08/2020 · Paid in Full · Loan `8095677005`
## Borrower
- **Name:** HYPER MICROSYSTEMS INC.
- **Address:** 1501 N Michael Dr., WOOD DALE, IL, 60191-1007
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 63
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*