# PPP loan: CALMAX TECHNOLOGY, INC.
> **$3.01M** approved 04/08/2020 · Paid in Full · Loan `8580747006`
## Borrower
- **Name:** CALMAX TECHNOLOGY, INC.
- **Address:** 526 Laurelwood Rd, SANTA CLARA, CA, 95054-2418
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.01M
- **Initial approval:** $3.01M
- **Forgiven:** $2.76M (92%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.78M
- **Rent:** $154K
- **Utilities:** $62K
- **Debt interest:** $15K
- **Jobs reported:** 182
## 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*