# PPP loan: APPLIED MEMBRANES INC.
> **$1.25M** approved 04/09/2020 · Paid in Full · Loan `9834407004`
## Borrower
- **Name:** APPLIED MEMBRANES INC.
- **Address:** 2450 Business Park Drive, Vista, CA, 92081-8847
- **NAICS:** 423850
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 130
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*