# PPP loan: EDC TECHNOLOGIES INC
> **$228K** approved 04/15/2020 · Paid in Full · Loan `1955917200`
## Borrower
- **Name:** EDC TECHNOLOGIES INC
- **Address:** 708 GRAVENSTEIN HWY N, SEBASTOPOL, CA, 95472-2808
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $568K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 17
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*