# PPP loan: GRINGTEAM INC.
> **$768K** approved 02/19/2021 · Paid in Full · Loan `1484688507`
## Borrower
- **Name:** GRINGTEAM INC.
- **Address:** 3100 Camino del Rio Ct, Bakersfield, CA, 93308-6245
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $775K (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $768K
- **Utilities:** $1
- **Jobs reported:** 136
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*