# PPP loan: CATALYST ENERGY INC.
> **$192K** approved 04/11/2020 · Paid in Full · Loan `3016327103`
## Borrower
- **Name:** CATALYST ENERGY INC.
- **Address:** 1112 S Braddock Ave Suite 201, PITTSBURGH, PA, 15218-1238
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 11
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*