# PPP loan: LYALL TURBOSONICS INC.
> **$176K** approved 01/23/2021 · Paid in Full · Loan `4718558304`
## Borrower
- **Name:** LYALL TURBOSONICS INC.
- **Address:** 20702 Linear Ln, Lake Forest, CA, 92630-7804
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 06/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 7
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*