# PPP loan: SADDLEBACK EDUCATIONAL, INC.
> **$278K** approved 04/10/2020 · Paid in Full · Loan `2419557102`
## Borrower
- **Name:** SADDLEBACK EDUCATIONAL, INC.
- **Address:** 151 Kalmus Dr., Ste J-1, COSTA MESA, CA, 92626-5973
- **NAICS:** 511130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $287K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 19
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*