# PPP loan: BURAN AND REED, INC.
> **$493K** approved 04/10/2020 · Paid in Full · Loan `1704987107`
## Borrower
- **Name:** BURAN AND REED, INC.
- **Address:** 1801 Adams Ave. S, SAN LEANDRO, CA, 94577-1003
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $461K
- **Rent:** $16K
- **Mortgage interest:** $1K
- **Utilities:** $15K
- **Jobs reported:** 24
## 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*