# PPP loan: RESONANCE TECHNOLOGY INC
> **$331K** approved 05/01/2020 · Exemption 4 · Loan `4939217707`
## Borrower
- **Name:** RESONANCE TECHNOLOGY INC
- **Address:** 18121 PARTHENIA STREET SUITE A, NORTHRIDGE, CA, 91325
- **NAICS:** 334510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $197K (60%)
- **Forgiveness date:** 06/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 13
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*