# PPP loan: ECOFACTOR INC
> **$150K** approved 02/03/2021 · Paid in Full · Loan `2556368401`
## Borrower
- **Name:** ECOFACTOR INC
- **Address:** 441 California Ave Ste 2, Palo Alto, CA, 94306-1848
- **NAICS:** 334512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 5
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*