# PPP loan: CORROSION TECHNOLOGIES INC
> **$239K** approved 02/03/2021 · Paid in Full · Loan `2429548404`
## Borrower
- **Name:** CORROSION TECHNOLOGIES INC
- **Address:** 25 Progress Pkwy, Union, MO, 63084-4335
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $239K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** United Bank of Union
- **Servicing:** United Bank of Union (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*