# PPP loan: COCOONING ELECTRONICS, LTD
> **$1.21M** approved 04/27/2020 · Paid in Full · Loan `4602227203`
## Borrower
- **Name:** COCOONING ELECTRONICS, LTD
- **Address:** 247 west 37th street, new york, NY, 10018
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 66
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*