# PPP loan: NATEL ENERGY INC.
> **$952K** approved 02/20/2021 · Paid in Full · Loan `2268438502`
## Borrower
- **Name:** NATEL ENERGY INC.
- **Address:** 2401 Monarch St, Alameda, CA, 94501-7513
- **NAICS:** 333611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $952K
- **Initial approval:** $952K
- **Forgiven:** $964K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $952K
- **Jobs reported:** 63
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*