# PPP loan: DIVISION 8 INC.
> **$206K** approved 04/10/2020 · Paid in Full · Loan `2469247101`
## Borrower
- **Name:** DIVISION 8 INC.
- **Address:** 1920 Cordell Court #105, EL CAJON, CA, 92020-0900
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $21K
- **Utilities:** $10K
- **Jobs reported:** 17
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*