# PPP loan: ELECTROLURGY INC
> **$491K** approved 02/11/2021 · Paid in Full · Loan `6791198407`
## Borrower
- **Name:** ELECTROLURGY INC
- **Address:** 1121 Duryea Ave, Irvine, CA, 92614-5519
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 07/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $491K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*