# PPP loan: BURTON STUDIO, INC.
> **$425K** approved 04/10/2020 · Paid in Full · Loan `2485007110`
## Borrower
- **Name:** BURTON STUDIO, INC.
- **Address:** 307 S. CEDROS AVE, SOLANA BEACH, CA, 92075-1918
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $66K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*