# PPP loan: ELECTROLIZING INC
> **$350K** approved 02/09/2021 · Paid in Full · Loan `5642148405`
## Borrower
- **Name:** ELECTROLIZING INC
- **Address:** 1947 Hooper Ave, Los Angeles, CA, 90011-1332
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*