# PPP loan: OLEUMTECH CORPORATION
> **$1.11M** approved 01/21/2021 · Paid in Full · Loan `2902698301`
## Borrower
- **Name:** OLEUMTECH CORPORATION
- **Address:** 19762 Pauling, Foothill Ranch, CA, 92610-2611
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.11M
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*