# PPP loan: CETYLITE INDUSTRIES INC
> **$446K** approved 02/17/2021 · Paid in Full · Loan `9470908409`
## Borrower
- **Name:** CETYLITE INDUSTRIES INC
- **Address:** 9051 River Rd, Pennsauken, NJ, 08110-3203
- **NAICS:** 325412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 25
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*