# PPP loan: ELECTROCELT PROMOTIONS INC
> **$180K** approved 04/15/2020 · Paid in Full · Loan `8176017106`
## Borrower
- **Name:** ELECTROCELT PROMOTIONS INC
- **Address:** 244 KEARNY STREET 7th Floor, SAN FRANCISCO, CA, 94108-4533
- **NAICS:** 722410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $18K
- **Utilities:** $5K
- **Health care:** $17K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of San Francisco
- **Servicing:** Bank of San Francisco (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*