# PPP loan: SANCHEZ BROTHERS PAVING CORP
> **$159K** approved 04/15/2020 · Paid in Full · Loan `1519007202`
## Borrower
- **Name:** SANCHEZ BROTHERS PAVING CORP
- **Address:** 22328 Normandie Ave, TORRANCE, CA, 90502
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 16
## 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*