# PPP loan: ESS TECHNOLOGIES, INC.
> **$453K** approved 04/13/2020 · Paid in Full · Loan `4324577104`
## Borrower
- **Name:** ESS TECHNOLOGIES, INC.
- **Address:** 3160 STATE ST, BLACKSBURG, VA, 24060-6603
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Utilities:** $113K
- **Jobs reported:** 28
## Lender
- **Originating:** The National Bank of Blacksburg
- **Servicing:** The National Bank of Blacksburg (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*