# PPP loan: CANDELIS, INC.
> **$348K** approved 04/13/2020 · Paid in Full · Loan `5599207102`
## Borrower
- **Name:** CANDELIS, INC.
- **Address:** 4701 VON KARMAN AVE ste 200, NEWPORT BEACH, CA, 92660-2124
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 19
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*