# PPP loan: SONAR INC.
> **$985K** approved 02/19/2021 · Paid in Full · Loan `1624328507`
## Borrower
- **Name:** SONAR INC.
- **Address:** 1032 W Taft Ave Ste 1, Orange, CA, 92865-4119
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $985K
- **Initial approval:** $985K
- **Forgiven:** $997K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $985K
- **Utilities:** $1
- **Jobs reported:** 194
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*