# PPP loan: DRESSLER AUTOMATION CORP
> **$553K** approved 02/20/2021 · Paid in Full · Loan `2210658506`
## Borrower
- **Name:** DRESSLER AUTOMATION CORP
- **Address:** 102 Jordan Dr, Chattanooga, TN, 37421-6731
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $552K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*