# PPP loan: THE ELY CO., INC
> **$316K** approved 04/30/2020 · Paid in Full · Loan `4735837300`
## Borrower
- **Name:** THE ELY CO., INC
- **Address:** 3046 KASHIWA ST, TORRANCE, CA, 90505-4009
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $347K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 34
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*