# PPP loan: PELATRON INC.
> **$558K** approved 01/23/2021 · Paid in Full · Loan `4987298307`
## Borrower
- **Name:** PELATRON INC.
- **Address:** Freeport Center Bldg M-11 East, Clearfield, UT, 84015
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 34
## Lender
- **Originating:** Hawaii National Bank
- **Servicing:** Hawaii National Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*