# PPP loan: CORROSION ENGINEERING, INC.
> **$1.14M** approved 04/15/2020 · Paid in Full · Loan `8785317108`
## Borrower
- **Name:** CORROSION ENGINEERING, INC.
- **Address:** 148 S Nina Circle, MESA, AZ, 85210
- **NAICS:** 326291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.07M (94%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 112
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*