# PPP loan: CO-AX TECHNOLOGY, INC.
> **$1.58M** approved 04/10/2020 · Paid in Full · Loan `1291467105`
## Borrower
- **Name:** CO-AX TECHNOLOGY, INC.
- **Address:** 30301 EMERALD VALLEY PKWY, SOLON, OH, 44139-4394
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $116K
- **Utilities:** $36K
- **Health care:** $181K
- **Debt interest:** $14K
- **Jobs reported:** 17
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*