# PPP loan: CATHODIC RECTIFIERS INC.
> **$154K** approved 05/01/2021 · Paid in Full · Loan `6182548900`
## Borrower
- **Name:** CATHODIC RECTIFIERS INC.
- **Address:** 802 Fisher Rd, Longview, TX, 75604-5224
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (100%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 13
## Lender
- **Originating:** Spring Hill State Bank
- **Servicing:** Spring Hill State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*