# PPP loan: COLE INSTRUMENT CORP.
> **$981K** approved 05/18/2021 · Paid in Full · Loan `2848919006`
## Borrower
- **Name:** COLE INSTRUMENT CORP.
- **Address:** 2650 S Croddy Way, Santa Ana, CA, 92704-5238
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $981K
- **Initial approval:** $981K
- **Forgiven:** $991K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $981K
- **Utilities:** $1
- **Jobs reported:** 76
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*