# PPP loan: DOW-ELCO INC.
> **$223K** approved 03/31/2021 · Paid in Full · Loan `4002978709`
## Borrower
- **Name:** DOW-ELCO INC.
- **Address:** 1313 W Olympic Blvd, Montebello, CA, 90640-5010
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $224K (100%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*