# PPP loan: U.S.T.E. INC
> **$1.75M** approved 04/10/2020 · Paid in Full · Loan `2090657101`
## Borrower
- **Name:** U.S.T.E. INC
- **Address:** 1625 SURVEYOR AVE, SIMI VALLEY, CA, 93063-3387
- **NAICS:** 335121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Utilities:** $438K
- **Jobs reported:** 150
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*