# PPP loan: ASTERES INC.
> **$657K** approved 04/29/2020 · Paid in Full · Loan `2567407301`
## Borrower
- **Name:** ASTERES INC.
- **Address:** 4110 Sorrento Valley Blvd., SAN DIEGO, CA, 92121-1429
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $657K
- **Initial approval:** $657K
- **Forgiven:** $662K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $51K
- **Utilities:** $4K
- **Health care:** $55K
- **Debt interest:** $106K
- **Jobs reported:** 32
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*