# PPP loan: FILIPPIN ENGINEERING, INC.
> **$392K** approved 04/10/2020 · Paid in Full · Loan `2425107103`
## Borrower
- **Name:** FILIPPIN ENGINEERING, INC.
- **Address:** 354 S FAIRVIEW AVE Suite D, GOLETA, CA, 93117-3620
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $499K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 16
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*