# PPP loan: ECHO FACTORY, INC.
> **$176K** approved 04/30/2020 · Paid in Full · Loan `5087437304`
## Borrower
- **Name:** ECHO FACTORY, INC.
- **Address:** 36 W COLORADO BLVD SUITE 200, PASADENA, CA, 91105-3780
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $44K
- **Jobs reported:** 11
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*