# PPP loan: ESSEL TECHNOLOGY SERVICES, INC.
> **$760K** approved 04/15/2020 · Paid in Full · Loan `8945627107`
## Borrower
- **Name:** ESSEL TECHNOLOGY SERVICES, INC.
- **Address:** 1035  22ND AVE UNIT 9, OAKLAND, CA, 94606-5271
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $770K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $678K
- **Rent:** $77K
- **Utilities:** $6K
- **Jobs reported:** 40
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*