# PPP loan: ZOLA ELECTRIC LABS, INC.
> **$500K** approved 01/26/2021 · Paid in Full · Loan `6257768303`
## Borrower
- **Name:** ZOLA ELECTRIC LABS, INC.
- **Address:** 555 De Haro St, San Francisco, CA, 94107-2348
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 17
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*