# PPP loan: FUZELO INC.
> **$188K** approved 04/21/2021 · Charged Off · Loan `7001898809`
## Borrower
- **Name:** FUZELO INC.
- **Address:** 23046 Avenida de la Carlota Ste 600NULL 23046 Avenida De La Carlota Suite 600null, Laguna Hills, CA, 92653-1548
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $150K (80%)
- **Forgiveness date:** 11/30/2022
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 10
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*