# PPP loan: PLATERONICS PROCESSING INC.
> **$350K** approved 02/11/2021 · Paid in Full · Loan `7318338400`
## Borrower
- **Name:** PLATERONICS PROCESSING INC.
- **Address:** 9164 Independence Ave, Chatsworth, CA, 91311-5902
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 08/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*