# PPP loan: BEMCO INC.
> **$349K** approved 02/20/2021 · Paid in Full · Loan `2563788505`
## Borrower
- **Name:** BEMCO INC.
- **Address:** 2255 Union Pl, Simi Valley, CA, 93065-1661
- **NAICS:** 333415
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $349K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*