# PPP loan: LITHIUM WERKS INC.
> **$371K** approved 02/07/2021 · Paid in Full · Loan `4898908407`
## Borrower
- **Name:** LITHIUM WERKS INC.
- **Address:** 1807 W Braker Ln Ste C500, Austin, TX, 78758-3618
- **NAICS:** 335911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $371K
- **Jobs reported:** 16
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*