# PPP loan: KOOLFOG, INC.
> **$158K** approved 04/04/2020 · Paid in Full · Loan `4808977004`
## Borrower
- **Name:** KOOLFOG, INC.
- **Address:** 31290 PLANTATION DR, THOUSAND PALMS, CA, 92276-6604
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $175K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $118K
- **Utilities:** $39K
- **Jobs reported:** 16
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*