# PPP loan: COCOONING ELECTRONICS LTD
> **$1.32M** approved 03/12/2021 · Paid in Full · Loan `1122308610`
## Borrower
- **Name:** COCOONING ELECTRONICS LTD
- **Address:** 247 W 37th St, New York, NY, 10018-5706
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 66
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*