# PPP loan: CORROSION ENGINEERING INC.
> **$1.36M** approved 02/27/2021 · Paid in Full · Loan `5313028501`
## Borrower
- **Name:** CORROSION ENGINEERING INC.
- **Address:** 148 S Nina Cir, Mesa, AZ, 85210-8444
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.36M
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*