# PPP loan: COVER TECHNOLOGIES INC.
> **$441K** approved 02/27/2021 · Paid in Full · Loan `5054148507`
## Borrower
- **Name:** COVER TECHNOLOGIES INC.
- **Address:** 1219 W 135th St, Gardena, CA, 90247-1906
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $441K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*