# PPP loan: BURNON INC.
> **$300K** approved 02/19/2021 · Paid in Full · Loan `1576178504`
## Borrower
- **Name:** BURNON INC.
- **Address:** 1006 E Main St, Ventura, CA, 93001-0048
- **NAICS:** 711110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*