# PPP loan: TELETRON INC.
> **$500K** approved 02/02/2021 · Paid in Full · Loan `1639638400`
## Borrower
- **Name:** TELETRON INC.
- **Address:** 12820 Beach Blvd, Stanton, CA, 90680-4005
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*