# PPP loan: ASCO SINTERING COMPANY
> **$407K** approved 01/20/2021 · Paid in Full · Loan `2160978302`
## Borrower
- **Name:** ASCO SINTERING COMPANY
- **Address:** 2750 Garfield Ave, Commerce, CA, 90040-2610
- **NAICS:** 332117
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $407K
- **Jobs reported:** 29
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*